UK food and clothing retailer Marks & Spencer has reported a 1.6% slide in sales for the ten weeks to 18 September compared to the comparable period of last year.
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The company said that on a comparable trading week basis, total sales slid 1.6%, or 5.2% on a like-for-like bases. Food sales rose 3.5% in the ten-week period compared to a year earlier, but slid 2.0% on a like-for-like basis.
M&S said that in its food division, Simply Food stores traded as planned but performance in city centre stores was slightly below last year. Footfall remained broadly level on the year.
The company said it has taken steps to ensure that autumn product development in the food division has been more focused.
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By GlobalData
