Marks & Spencer’s shares gain as food sales rise

Retailer Marks & Spencer (MKS) reported ‘solid’ Christmas sales thanks to strength in its Food business which offset a weaker performance in Fashion, Home & Beauty. Food sales rose 6.6% to £2.72 billion, in addition to which Ocado Retail – which M&S owns 50/50 with Ocado Group (OCDO) – posted sales of £843 million. In … Continue reading Marks & Spencer’s shares gain as food sales rise