All Marks Electrical articles – Page 2
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Retail Navigator AnalysisMarks Electrical (Strategy)
Marks Electrical has its sights set on the large and growing MDA market in the UK as the company believes that a permanent structural shift is occurring from offline to online purchases, and consumers are increasingly buying MDA products online. The Covid-19 pandemic has accelerated this trend. With over 3,500 SKUs and more than 30,000 in-stock items, the retailer has established strong relationships with its suppliers over its 35 years in the industry.
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NewsMarks Electrical hails strong sales ahead of AGM
Marks Electrical hailed strong sales growth in the first four months of the year “driven by excellent customer service” ahead of its AGM today.
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NewsMarks Electrical sales soar in record year
Marks Electrical has enjoyed a record year as savvy shoppers researched online for better prices on large appliances.
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InterviewMarks Electrical boss Mark Smithson on keeping its edge in a difficult market
The electricals sector has faced tough challenges amid the cost-of-living crisis, high inflation and a poor macroeconomic environment since Covid-19 but for Marks Electrical, the past few years have meant revenue growth and soaring sales.
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NewsMarks Electrical hails strong business model as revenues soar
Pureplay retailer Marks Electrical has reported record revenue growth in its latest financial year, which it attributed to a strong business model that enhanced margin.
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AnalysisAnalysis: How consumers shopped the electricals sector this Christmas
Once a stalwart of Christmas and Boxing Day Sales shopping, the pressure from the cost-of-living crisis meant electricals presented a mixed bag for retailers over this festive season.
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NewsAO.com and Marks Electrical improve golden-quarter profit expectations
AO.com and Marks Electrical have both revealed rising profitability following golden-quarter trading.
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NewsMarks Electrical boss: We're winning spend while John Lewis 'neglect their customers'
Marks Electrical boss Mark Smithson has insisted the retailer is winning market share from competitors such as John Lewis that “neglect their customers”.
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