M&S to shut 32 more stores as it shifts away from town centres

The retailer expects profits to flatline, blaming Brexit, Russia and local and national government policy  Marks & Spencer said it will close 32 more stores, saying many have “lost impetus”, blaming Brexit, the war in Ukraine and local and national government policies.  The retail chain will shift from multi-floor town …

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Stow Robotics acquires majority stake in iFollow

Warehouse automation company Stow Robotics has acquired a majority stake in collaborative autonomous mobile robot (AMR) company iFollow. ‘) } // –> The acquisition of iFollow is backed by Stow Group’s majority shareholder, the Blackstone Group. The partnership with iFollow’s management, who remain on board, is intended to reinforce and …

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Royal Mail, MAN Group, Kainos Group

Citigroup cuts SSE rating In-house broker gives Scotgold Resources a ‘Buy’ rating Peel Hunt downgrades Royal Mail to ‘Sell’ JP Morgan Chase reiterate ‘Overweight’ rating for MAN Group Canaccord Genuity upgrades Kainos Group rating Citigroup cut SSE (LON: SSE) to ‘neutral’ (buy) on Monday, raising the price target to 1,937p …

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