M&S Shares Face Results Test as Marks & Spencer Starts £340 Million Warehouse Build
Marks & Spencer has started work on a £340 million automated food distribution centre in Northamptonshire, its largest supply-chain investment, set to open in 2029 and serve over 200 stores. The company also agreed to buy a Lichfield fashion distribution site from ASOS for £67.5 million. Shares traded at 320.90 pence on Friday, up 0.13%. M&S will report full-year results on May 20.