Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Marks & Spencer appoints AF Blakemore & Son as wholesale partner

(Sharecast News) - Marks & Spencer said on Tuesday that it has appointed AF Blakemore & Son, one of the UK's largest family-owned businesses, as its new primary wholesale partner for third party branded products. The new strategic partnership, which is part of the retailer's 'Reshape for Growth' strategy, will help deliver "a more consistent and reliable shopping experience for customers as M&S continues its journey to become a shopping list retailer," it said.

Blakemore will deliver directly to M&S' regional distribution network with a new seven day a week service "ensuring freshness and exceptional quality".

Alex Freudmann, managing director at M&S Food, said: "We are thrilled to be backing another British family business, working with A.F Blakemore & Son as our new, trusted wholesale partner. Blakemore will be providing an improved wholesale solution with a full seven days a week service that will increase availability for our stores and customers.

"As we reshape our business for growth and focus on improving availability and efficiency, choosing the right, trusted partners who can deliver on that is key."

The new deal brings to an end Marks & Spencer's 15-year partnership with Booker.

Share this article

Related Sharecast Articles

RBC lifts BHP Group target price, but stays neutral on stock
(Sharecast News) - RBC Capital Markets has raised its target price for BHP Group after the mining giant's stronger-than-expected first-half results, welcoming the group's accelerating copper momentum, but kept a 'sector perform' rating on the stock.
JPMorgan places Inchcape on 'positive catalyst watch', lifts price target
(Sharecast News) - Inchcape shot higher on Wednesday after JPMorgan placed the shares on 'positive catalyst watch' ahead of full-year results on 3 March and hiked the price target to 880p from 800p.
Berenberg lowers Unilever to hold
(Sharecast News) - Analysts at Berenberg downgraded consumer goods giant Unilever from 'buy' to 'hold' on Wednesday, stating the company has, in its view, completed its transformation into "a simpler, more agile, faster-growing and more profitable business" than it was two to three years ago.
Galliford Try appointed to £15.4bn Department for Education framework
(Sharecast News) - Construction group Galliford Try said on Wednesday that its building business has been appointed to the new £15.4bn Department for Education (DfE) Construction Framework 25 (CF25).

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.