The company opened one store and closed three stores in the US during the quarter.
The retailer expects adjusted EPS of between $4.05 and $4.15 for the full year.
The company is offering 17 weeks of compensation and health benefits until 31 March for all affected employees.
The retailer will extend Thread’s personalisation capabilities across all clothing products on M&S.com.
The company’s sales and gross profit dropped in part due to its investment in a joint venture with FWI to form RMBG.
For some time now, consumers have been increasing their appetite for vegan and plant-based products.
Claire’s shop-in-shops sell hair accessories, jewellery and cosmetics, as well as seasonal items.
After acquiring Wag N’ Wash, PSP secured franchise commitments to double its size over the next four years.
The retailer expects annualised savings of around Skr2bn ($189.4m) from the restructuring programme.
Retailers are said to be ‘pessimistic’ about business prospects for the next three months.
The retailer aims to achieve net-zero emissions across its entire value chain by 2050.
The company’s revenue growth was driven by strong performances in its online marketing and transaction services.
The retailer will open at least four stores in Bury St Edmunds, Craigavon, Salisbury and Teesside Park over the next two years.
The solution is expected to drive MAP’s international expansion and standardise its merchandise planning and execution processes.
The expanded store offers a Post Office service, ATM and Fairtrade coffee dispenser among other services.