TITLE

M&S was not alone in poor winter sales performance

PUB. DATE
January 2005
SOURCE
Cabinet Maker;1/14/2005, Issue 5421, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that despite holding two discount days in the run up to Christmas, home sales plummeted at Marks & Spencer PLC in recent weeks. Home sales fell by 23.3% in the six weeks to January 1, 2005 and by 25.2% in the 13 weeks to January 1, 2005. But it was not the only chain to experience disappointing trading. Allders PLC reported a 2% drop in sales in the six weeks to January 1, 2005 with a poor pre-Christmas performance. The company had a poorer December but a barnstorming January, so overall the margin figures will probably come out the same as last year.
ACCESSION #
15792100

 

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