By John Glenday

The sales lift M&S’ marketing seemed to give its clothing sales appears to be short lived after sales of its non-food products slipped in its latest quarter.

This saw general merchandise sales at the High Street retailer fall 0.4 per cent over the 13 weeks to 27 June, somewhat better than a consensus forecast for a 1 per cent decline.

Fears are now being expressed that a seeming turnaround in its clothing sales in the previous three months may turn out to be little more than a blip although the firm did increase its general merchandise gross margins of between Read full story ›

Source: The Drum