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Daniel Woolfson 11 January 2024 • 6:00am. Marks & Spencer is on course to overtake Waitrose as the middle-class supermarket of choice after a surge in Christmas sales, analysts have predicted.
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Marks & Spencer has posted a sales rise across its food, clothing and home categories over the Christmas period. M&S saw UK like-for-like sales grow by 8.1% in the 13 weeks to December 30. In the 13 weeks to December 30, the retailer saw its UK like-for-like sales grow by 8.1% and it was the top-performing grocer in volume growth terms.
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Tesco and Marks & Spencer have both posted strong Christmas grocery growth ahead of the wider grocery market. M&S posted the strongest festive grocery growth amongst the full assortment supermarkets, with food sales up 10.5% in the 13 weeks to 30 December to £2.33bn, representing like for like growth of 9.9%. Tesco's UK and Ireland sales.
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Forecast-beating profits, a long-overdue comeback for womenswear, bumper staff payouts and even record sales of Christmas creams, whatever those are. Marks & Spencer is this year's undisputed.
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M&S edged closer to Waitrose as it took a 3.4% share of the grocery market in the 12 weeks to 2 December according to research firm NielsenIQ (NIQ), up from 3.3% a year before. The upmarket chain.
Marks & Spencer shares surge as food sales soar amid weak retail data
Thu 11 Jan 2024 02.48 EST. Tesco and Marks & Spencer were both Christmas winners with unexpectedly strong sales helped by growth in online orders and high demand for festive treats. The UK's.
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Marks and Spencer plc (commonly abbreviated to M&S and colloquially known as Marks or Marks & Sparks) is a major British multinational retailer with headquarters in Paddington, London that specialises in selling clothing, beauty products, home products and food products.
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January 10, 2024 at 11:17 PM PST. Listen. 1:04. Marks & Spencer Group Plc reported strong holiday sales growth as shoppers splashed out on premium Christmas food and gifts. Comparable sales rose.
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Women's Sale | M&S Home Offers Sale Women's Women's Sale When you need wardrobe inspiration, our women's sale is packed with eye-catching essentials from top brands. From midi dresses to tiered skirts and wide-leg trousers, we have smart staples for every occasion.
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As consumer awareness about gut health grows, M&S Food today announces a collaboration with nutrition-science company ZOE. Through M&S' expertise in product development, quality and innovation, the retailer has been able to bring ZOE's groundbreaking science to millions of M&S customers through the launch of the M&S Food x ZOE Gut Shot.
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