Marks & Spencer set to make a comeback in FTSE 100

Marks & Spencer is set to make a triumphant return to the FTSE 100 after four years of absence, showcasing its remarkable turnaround in the retail industry. Joining the blue-chip index alongside Diploma, Hikma Pharmaceuticals, and Dechra Pharmaceuticals, Marks & Spencer’s return has been officially confirmed by FTSE Russell, the index compiler. Effective September 18, …

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Year-long delay hampers opening of Ikea’s flagship Oxford Street store

Marks & Spencer (M&S) is currently contemplating the possibility of completely abandoning its site, expressing concerns that this decision could discourage other retailers from pursuing new developments. This development was confirmed in a conversation with The Telegraph by Peter Jelkeby, UK and Ireland CEO of Ikea. Jelkeby emphasized Ikea’s commitment to a significant investment at …

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