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Stuart Rose

M&S has profited from Rose years but doubts persist

When Sir Stuart Rose announces full-year results next week he hopes to focus the City's attention on the retailer's performance, rather than the ongoing row about his elevation to executive chairman (a row which shows no sign of abating and looks set to rumble on until the general meeting in July).

Shareholders fail to put brakes on directors' pay

Executives earn big bonuses despite falling profits, writes Heather Connon ... It is more than five years since shareholders were given the chance to vote on directors' pay, a measure supposed both to stop the inexorable rise in executive remuneration and to encourage...

The Scrutineer: Retailers lack confidence

Published Date: 09 May 2008 FROM mid-market fashion clothing to jewellery, the retail sector continues to feel the heat of consumer retrenchment. Yesterday Sage Group, Britain's largest software business, highlighted this better trend. Revenues across the Atlantic are...

Next sales fall nearly 9% as consumers feel the pinch

Next, a bellwether of British shopper consumption on the high street, also lowered its forecast for the first half ... . Next Retail sales for the first half would be 3.5% lower, it said in a statement on Thursday. For the first quarter period from January 27 to April 26,...

BoE: Give Mervyn the weapons

After the Northern Rock debacle, when the Financial Services Authority failed miserably, it might be wise to steer clear of turf wars. But not a bit of it ... not the Bank of England, should be given the authority to intervene in bank bail-outs, as suggested in Alistair...

Marks \& Spencer To Charge Customers For Carrier Bags

LONDON - MAY 06: Sir Stuart Rose, CEO of Marks \& Spencer retail chain, holds aloft a single use carrier bag and school children from Godwin Junior School outside the Marks \& Spencer store on Oxford Street on May 6, 2008 in London, United Kingdom. From May 6, 2008 all Marks \& Spencer stores...

5p charge on all M&S plastic bag

Marks & Spencer will start charging 5p for its food carrier bags in 600 of its stores ... The Daily Mail's banish the bags campiagn has has arrived at 600 Marks & Spencer stores. In a landmark move, M&S is from today no longer giving customers free plastic carrier bags at...

Supermarts enjoying own-label success risk extending brands too far

It is not just the quality of the food products that has improved - Tesco Finest’s growth has been fuelled by its extension into non-food, and shows no signs of slowing, with sales soaring 37% since April 2007. ... LONDON: It is not just the quality of the food products...

High street retailers pray for bank holiday sun after Easter gloom

Store groups hard hit by debt-strained budgets, falling house prices, poor weather and rising costs ... Retailers are hoping for a sunny bank holiday weekend to tempt shoppers out on to the high street and kick-start sales of summer goods. The Easter break and May bank...

Marks and Spencer's Sir Stuart Rose pulls the plug on his karaoke stake

Sir Stuart Rose has been forced to make a further concession to pacify shareholders angered by his elevation to executive chairman of Marks & Spencer. ... In the latest attempt to diffuse the ongoing corporate governance row, Sir Stuart has agreed to sell a £100,000...