M&S was not alone in poor winter sales performance

January 2005
Cabinet Maker;1/14/2005, Issue 5421, p6
Trade Publication
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.


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