THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Marks & Spencer asks suppliers to contribute to cost of store revamps

Marks & Spencer has asked its main clothing suppliers to contribute towards the cost of revamping its stores and increasing its marketing activity according to the Financial Times.

GENERAL MERCHANDISE

Marks & Spencer asks suppliers to contribute to cost of store revamps

The paper said that M&S chief executive Marc Bolland met with 60 of the retailer’s clothing and homewares suppliers last Friday to ask them to make a  one-off contribution of 1.25% of their turnover with M&S for the year to August.

Marks & Spencer is planning a £600 million revamp of its stores and the monies raised from suppliers could raise tens of millions of pounds towards this sum.

The FT said that in return suppliers might expect to benefit from Bolland's plans to expand sales both in the UK and overseas.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing