Jun 20, 2018

M&S should look at Amazon tie-up, says Marcus East

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". 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 probably a good way to tackle the digital space." Mr East said only a few traditional retailers had "Cracked the digital space".

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