Marks & Spencer reshaping strategy pays off
Marks & Spencer has posted a rise in sales and profits across food and clothing & home as its ‘reshaping for growth’ strategy paves the way for “the beginnings of a new M&S”.
In the 52 weeks to March 30, 2024, the retailer’s total sales grew 9.4% to £13bn, while profit before tax increased to £672.5m, up from £475.7m in April 2023.
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