M&S suffers ninth slide in sales

Updated
Marks & Spencer suffers ninth slide in sales
Marks & Spencer suffers ninth slide in sales

Marks & Spencer has reported its ninth consecutive quarter of sliding clothing and homeware sales and warned that consumers remain reluctant to spend.

The retailer said like-for-like general merchandise sales dropped 1.3% between July and September on a year earlier, slightly above City hopes and better than a 1.6% first-quarter decline.
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