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Marks & Spencer shows group sales of 4%

Shaun Weston11 Jan 2011

Marks & Spencer has unveiled its interim management statement for the 13 weeks to 1 January 2011.

Highlights

  • Group sales +4.0%
  • Total UK sales +4.0%: General Merchandise +4.4% (Clothing +4.7%; Home +2.7%); Food +3.5%
  • Like for like UK sales +2.8%: General Merchandise +3.8%; Food +1.8%.

Marc Bolland, chief executive, said: “Marks & Spencer traded well through the important Christmas period despite the severe weather as customers continued to return to M&S quality.

“We delivered a great Christmas for our customers, from our stylish occasion wear to our innovative festive food. I would like to thank all our employees, in particular the store and operations teams, for doing a wonderful job in very difficult conditions to minimise the disruption to our customers.”

Source: Marks & Spencer

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