mo4ch:>M&S should look at Amazon tie-up, says Marcus East
M&S should look at Amazon tie-up, says Marcus East
M&S should look at Amazon tie-up, says Marcus East
By James Graham
BBC Radio 5 live
20 June 2018
Image copyright
Getty Images
A former digital boss at Marks & Spencer has told BBC Radio 5 Live that the retail chain should "seriously" look at a tie-up with Amazon.Marcus East, who worked under former chief executive Marc Bolland, said it needs to "tackle the digital space".Last month, Marks & Spencer said it planned to close 100 shops by 2022. It wants to move a third of its sales online and have fewer, larger stores in better locations. In the year to the end of March 2018, Marks & Spencer's pre-tax profits fell by almost two-thirds to £66.8m.
Marcus East joined M&S in early 2016, as global digital director. He told Radio 5 live's Wake Up To Money programme: "I would agree that for a lot of retailers, whilst they've put up a great fight, ultimately working with the likes of Amazon is…
M&S should look at Amazon tie-up, says Marcus East
By James Graham
BBC Radio 5 live
20 June 2018
Image copyright
Getty Images
A former digital boss at Marks & Spencer has told BBC Radio 5 Live that the retail chain should "seriously" look at a tie-up with Amazon.Marcus East, who worked under former chief executive Marc Bolland, said it needs to "tackle the digital space".Last month, Marks & Spencer said it planned to close 100 shops by 2022. It wants to move a third of its sales online and have fewer, larger stores in better locations. In the year to the end of March 2018, Marks & Spencer's pre-tax profits fell by almost two-thirds to £66.8m.
Marcus East joined M&S in early 2016, as global digital director. He told Radio 5 live's Wake Up To Money programme: "I would agree that for a lot of retailers, whilst they've put up a great fight, ultimately working with the likes of Amazon is…