Easter goods help M&S’ food sales rise

first_imgMarks & Spencer (M&S) has revealed it had its “biggest ever” Easter week, as total UK food sales for the fourth quarter grew by 6.3%.The company revealed the news in its latest trading statement, for the 13 weeks to 30 March, highlighting a 2.6% growth in total UK sales, with group sales up 3.1% and overall like-for-like (LFL) UK sales up 0.6%.M&S said it had achieved more than three years of positive consecutive like-for-like sales growth within its food division, as food LFLs increased by 4% in Q4.Marc Bolland, chief executive, M&S, said:“We delivered an excellent result in food, with performance well ahead of the market, as customers continued to trust us for provenance and quality. We are increasingly seen as the destination shop for special occasions. Multi-channel sales growth accelerated and our international business also performed well during the quarter.”The Telegraph reported this morning (11 April) that M&S had sold more than 600,000 boxes of its mini Belgian chocolate hot cross buns this Easter.The firm added that it was pleased to be unaffected by the recent issues affecting the food industry, in light of the horsemeat scandal, and that it was “extremely proud” of its long-term relationships with farmers and suppliers, based on trust, provenance and market-leading quality at all times.M&S’ multi-channel growth also experienced growth during the fourth quarter, as a result of the increased participation in its click-and-collect offering called ‘Shop Your Way’, alongside an rise in web traffic. The company reported a more than 70% increase in mobile sales on last year, at a time when M&S has recently upgraded its mobile app.Discussing its outlook for the year, M&S said: “In January we said we expect the pressure on consumers’ disposable incomes to continue throughout 2013. As a result we were cautious about the outlook for the year ahead and this view remains unchanged. We continue to make good progress in transforming Marks & Spencer from a traditional UK retailer to an international multi-channel retailer.”On reporting M&S’ Q4 trading results, British Baker’s sister title M&C Report revealed the firm had opened its first standalone café at its London Paddington headquarters, accommodating 70 covers and serving made-to-order hot breakfast rolls, muffins, cakes and in-house baked pastries.last_img read more

Switzerland suspends this league day because of the coronavirus

first_imgAlso, seeing the calendar so tight and to follow the League normally, the institution values ​​playing games behind closed doors but they still have to decide with the clubs, who have not expressed their position regarding this solution.The matches suspended in the First Division are Sion-St-Gallen, Young Boys-Zurich, Lucerne-Basel, Servette-Lugano and Xamax-Thun. In Second the Laussane Ouchy-Chiasso, Kriens-Schaffhausen, Wil-Lausanne and Vaduz-Wintherthur will not be played.In addition to the League, Switzerland has also been forced to suspend the Geneva Motor Show, one of the most important events of the year in the motor world. The Swiss League will have to stop for the measures taken by the Swiss government to prevent the spread of the coronavirus, which in the country already accumulates up to 15 positives by Covid-19. The executive has banned any type of event that exceeds one thousand people capacity until March 15 and the Swiss League (SLF) has folded to government requirements postponing this day 24 in First and Second Division.In an official statement, the League informs of this suspension and leaves the new date for this twenty-fourth day, which they indicate, will be decided next week.last_img read more