M&S to hire 10,000 temporary workers for the Christmas season
- The retailer said the temporary workers will start from November 19.
- Festive hiring spree will see M&S hire 40% more temporary workers than last year
Marks & Spencer plans to hire 10,000 temporary workers for the Christmas season, with the retailer bracing for huge demand this year.
The shop said the hiring, which will see it hire 40 per cent more workers than last year, reflects the investment it is making in staff hours to support customers at the shop.
M&S raised its profit expectations in August after claiming like-for-like food sales growth of 11 per cent in the first 19 weeks of 2023.
It will hire temporary workers from November 19 as it anticipates Christmas trading will help drive a “significant improvement on previous expectations”.
The retailer said the increase reflects the additional investment it is making in staff hours to support customers on the shop floor, with temporary workers starting November 19.
Sacha Berendji, M&S chief operating officer, said: “This year we are recruiting even more colleagues to ensure there is always someone available to offer support and recommendations.”
“The Christmas period is a busy but exciting time for M&S and no two days are the same – in fact, many colleagues started their careers at M&S over Christmas and have continued to progress in the business since.”
M&S’s success this year marks progress in its plans to “reshape” the business under its ongoing recovery strategy.
Last month, the company rejoined the FTSE 100 after a four-year hiatus. Its shares have risen 80 per cent to 221.9p since the start of the year, thanks to a rebound in full-year profits and expectations that 2024 could also be rich.
M&S hopes to drive online growth by selling third-party brands, with upcoming additions including Columbia, Regatta and Sorel.
But M&S isn’t the only ones gearing up for bumper trading in stores this Christmas.
Last week, Sainsbury’s said it was recruiting 22,000 temporary workers for the period, a 22 per cent increase on last year, as it boosted its workforce earlier than usual in the season.
Tesco said it would accept 30,000, the same amount as last year.
Mark & Spencer Stock They rose 0.84 per cent to 217.20 pence in midday trading on Monday.
DIY INVESTMENT PLATFORMS

AJ Bell

AJ Bell
Easy investing and ready-to-use portfolios

Hargreaves Lansdown

Hargreaves Lansdown
Free Fund Trading and Investment Ideas

Interactive investor

Interactive investor
Fixed fee investing from £4.99 per month

eToro

eToro
Social investing with CopyTrader feature

Bestinvest

Bestinvest
Free financial advice
Affiliate links: If you purchase a This is Money product you may earn a commission. These offers are chosen by our editorial team as we think they are worth highlighting. This does not affect our editorial independence.
Compare the best investment account for you