GM director Bostock pays the price at Marks and Spencer

Second quarter like-for-like (LFL) sales took a tumble at High Street giant Marks and Spencer, though the food business held up well, and full year guidance remains unchanged.

Second quarter like-for-like (LFL) sales took a tumble at High Street giant Marks and Spencer, though the food business held up well, and full year guidance remains unchanged.

Group sales in the 13 weeks to June 30th were down 0.7% on the corresponding period of the previous year. Total UK sales were down 0.9% year-on-year with food sales up 2.9% and general merchandise (GM) sales down 5.1%.

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