Chain recorded biggest share of clothing and homewares market in seven years as Tesco reports festive bonanza
Marks & Spencer took its biggest share of the clothing and homewares market in seven years and the largest slice of the food market ever over Christmas, while Tesco enjoyed its strongest-ever day of sales on 23 December.
M&S said sales of fashion and homewares rose 8.8% in the three months to 31 December as it said shoppers had exploited its “click & collect” service to pick up online orders during the postal strikes. Partywear sales more than doubled and formalwear was up 40% with a particularly strong performance on menswear and suits.
Continue reading…Chain recorded biggest share of clothing and homewares market in seven years as Tesco reports festive bonanzaMarks & Spencer took its biggest share of the clothing and homewares market in seven years and the largest slice of the food market ever over Christmas, while Tesco enjoyed its strongest-ever day of sales on 23 December.M&S said sales of fashion and homewares rose 8.8% in the three months to 31 December as it said shoppers had exploited its “click & collect” service to pick up online orders during the postal strikes. Partywear sales more than doubled and formalwear was up 40% with a particularly strong performance on menswear and suits. Continue reading…