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Festive sales lift M&S

by LLB Editor
9th Jan 20 7:47 am

Marks & Spencer has announced a 0.2% rise in like-for-like sales for the third quarter to 28 December.

Trade over the Christmas period was buoyed by food sales with rose by 1.4%.

It contrasts with its clothing and home division where comparable sales fell by 1.7%.

M&S chief executive Steve Rowe said, “We delivered an improved performance in the third quarter across both main businesses. The food business continued to outperform the market and clothing and home had a strong start to the quarter, albeit this was followed by a challenging trading environment in the lead up to Christmas.”

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