It has been focussing on revamping its shops, clothing lines and digital offer as part of a big turnaround plan.
Despite the recent boost, its boss warned that the retail giant remains cautious about the year ahead.
Despite the recent boost, its boss warned that the retail giant remains cautious about the year ahead.
“Progress won’t be linear, but we are ambitious for future growth and are driving what is in our control,” he said in the update on Wednesday.
Overall, sales across the company increased by 10.8% to £6.13bn for the period.
Food sales were up nearly 15%, after stripping out the effect of new shops opening.
It comes after M&S lowered the prices of hundreds of its food products as inflation squeezed many customers.
Clothing also sales got a boost after “improved style and value perceptions” among shoppers, it said.
Despite the recent boost, its boss warned that the retail giant remains cautious about the year ahead.
It has been focussing on revamping its shops, clothing lines and digital offer as part of a big turnaround plan.
“Progress won’t be linear, but we are ambitious for future growth and are driving what is in our control,” he said in the update on Wednesday.
Despite the recent boost, its boss warned that the retail giant remains cautious about the year ahead.
Despite the recent boost, its boss warned that the retail giant remains cautious about the year ahead.
“Progress won’t be linear, but we are ambitious for future growth and are driving what is in our control,” he said in the update on Wednesday.
Overall, sales across the company increased by 10.8% to £6.13bn for the period.
Food sales were up nearly 15%, after stripping out the effect of new shops opening.
It comes after M&S lowered the prices of hundreds of its food products as inflation squeezed many customers.
Clothing also sales got a boost after “improved style and value perceptions” among shoppers, it said.
#MampS #revamp #pays #profit #boost #food #sales
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))
