Monday 5 December 2016

M&S 'well set up' for festive season

RETAIL

Published 09/11/2011 | 05:00

The chief executive of Marks & Spencer, the UK's largest clothing retailer, says the department store chain is "well set up" for the impending Christmas season, despite what he acknowledged was a "challenging environment" for the business. Marc Boland made the comments as M&S reported first-half profit that beat analysts' estimates.

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Multinationals aim to hire new staff

SURVEY

HALF of the multinationals based in Ireland plan to recruit new staff in the next 12 months but skills shortages and high labour costs remain major problems, according to a new survey. Around 48pc of multinationals expected to hire people in the coming months.

Penneys owner full of hopes for growth

RETAIL

PRIMARK owner Associated British Foods (ABF) expects sales and earnings to grow this year despite continuing financial pressure on consumers. Releasing full-year results, ABF said that revenue at its Primark chain, which operates as Penneys in Ireland, climbed 13pc to £3.04bn (€3.54bn) in the year to the end of September.

Brodericks Foods

Clarification

AN article in last Monday's Irish Independent referred to McCormack Farms being shortlisted for an award. The picture that accompanied the piece was of Bernard and Barry Broderick of Brodericks food company. Brodericks have no relation to McCormack Farms. We are happy to clarify this point.

Irish Independent

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