Best-selling Fashion Ranges Back Online for Home Delivery
- M&S resumes online orders after cyber attack
- Loss of £25m per week in sales during suspension
- Best-selling fashion ranges available for home delivery
- Click and collect, next-day delivery to resume soon
- International shipping to be added in coming weeks
Mark & Spencer (M&S) has resumed online orders after a cyber attack forced the retail giant to shut down its ecommerce business for over six weeks. The company announced on its website that some of its best-selling fashion ranges are now available for home delivery in England, Scotland, and Wales, with more fashion, home, and beauty products being added daily. Click and collect, next-day delivery, and nominated-day delivery will also return in the coming weeks, along with international shipping. M&S initially estimated disruption to its website could last until July but now expects a £300m hit to group operating profit, with half of that figure mitigated through cost management and trading actions.
Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about M&S resuming online orders after a cyber attack, with details on the products available and plans for future delivery options. It also mentions the estimated financial impact of the incident. However, it includes a reference to another retailer (B&Q) that may not be directly related to the main topic.
Noise Level: 6
Noise Justification: The article provides basic information about M&S resuming online orders after a cyber attack but lacks in-depth analysis or actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses M&S’s online operations resuming after a cyber attack, which has impacted their sales and estimated cost of £300m in group operating profit. This is relevant to financial topics as it affects the company’s revenue and profitability.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: The article discusses a cyber attack on M&S’s ecommerce operations, but it is not the main topic and happened more than 48 hours ago. The impact of the event is considered minor as there are no significant consequences mentioned.
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