|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||4.3800 - 4.4600|
|52-week range||1.9800 - 4.6700|
|Beta (5Y monthly)||1.77|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||15 Nov 2019|
|1y target est||3.24|
LONDON (Reuters) -British retailer Marks & Spencer has promoted strategy chief Katie Bickerstaffe and food boss Stuart Machin in a major shake-up of its management team's responsibilities, making them the internal frontrunners to succeed Steve Rowe as chief executive. Marks & Spencer (M&S) said the changes were to help the clothing and food group shift from the "fixing the basics" phase of its latest turnaround plan to a phase that will see it move on from the COVID-19 crisis, reinvest and restore growth. M&S said Bickerstaffe and Machin will become joint chief operating officers, reporting to Rowe who has been CEO since 2016.
The German discounter announced a limited edition of Cuthbert will return to shelves next month, with all profits to be donated to cancer charities.
British retailer Marks & Spencer will increase its online capacity by building a new automated online warehouse in its existing distribution centre in Bradford, northern England, it said on Monday. M&S said the expansion would create 300 new jobs. The COVID-19 pandemic has accelerated the trend towards more digital shopping, with M&S's online sales growing 34% in the first half of its 2020-21 year.