M&S sales among mixed picture for UK retailers
Marks and Spencer sales rose slightly in the first three months of 2013, as good trading from its food business offset a fall in clothing sales.
Like-for-like UK sales were 0.6% higher in the quarter, helped by a 4% increase in food sales, leading to a 3% rise in shares.
WH Smith has announced that its profits rose 5% for the six months to end of February to £69m.
Mothercare revealed that like-for-like UK sales were flat in the 11 weeks to 30 March - although this was an improvement on the 6% fall in the previous quarter.
Emma Simpson reports.
11 Apr 2013
- From the section Business