M&S: another five-year plan, still no great leap forward

Every new boss at the retailer has the same timetable for recovery in mind. But it never quite happens as plannedQuestion: when will the City witness the revival of Marks & Spencer? Answer: in about five years’ time.This is not a scoop. “About five years” tends to be the answer every time the question about the Resurrection of St Michael is asked, and it gets refreshed almost as often as the retailer’s fashion lines. Continue reading...