Food thrives in mixed M&S results Archives - Just Food
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Food thrives in mixed M&S results

The verdict from the City: M&S’s annual results

The verdict from the City: M&S’s annual results

Marks and Spencer, often seen as a barometer for wider trading conditions in the retail sector in the UK, today (22 May) reported mixed annual results. Sales and gross margin from food was higher but challenges remain elsewhere in the business and the retailer also cut the top end of its group sales forecasts.

UK: M&S praises food as company profits fall

UK: M&S praises food as company profits fall

UK retailer Marks and Spencer today (22 May) hailed the "strong" performance of its food business, which posted higher sales and margins in a year when company-wide profits fell.