Tesco, M&S, Just Eat: 5 things that mattered this week and why

M&S chief outlines digital-first strategy after profits plummet
Marks & Spencer (M&S) is gearing up for a digital-first future, after its revealed on Wednesday (23 May) that profits had dropped a massive 62.1% to £66.8m compared to the previous year. A day earlier, the struggling retailer confirmed it will close more than 100 stores over the next four years. Ouch.
Chief executive Steve Rowe says as a business M&S hasn’t been agile enough – at a press briefing ea