M&S invests in fridges that can cope with weather as hot as 45C
Summary
Marks & Spencer is updating its refrigeration equipment to handle very high temperatures up to 45°C, responding to more frequent heatwaves in the UK caused by climate change. The company is also investing in security to reduce retail crime and adjusting its fashion lines to attract a wider range of customers.Key Facts
- M&S is buying new fridges designed to work in heat as high as 45°C.
- The UK recently had its hottest June day ever, reaching about 37.7°C.
- Other retailers, like Sainsbury’s, are also upgrading their cooling equipment due to heatwaves.
- M&S saw a big increase in ice cream sales during the heat, causing some items to run out.
- The UK faces more extreme heat because of climate change, requiring businesses to prepare.
- M&S is increasing spending on security guards and systems to reduce shoplifting and minor thefts.
- The company is updating clothing styles to appeal to both older and younger shoppers.
- These changes were shared by M&S CEO Stuart Machin at the annual shareholder meeting.
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