Marks & Spencer stated its clothes gross sales dropped by means of 1 / 4 over the important thing Christmas buying and selling length because the store was once hit onerous by means of shop closures at the again of the Covid-19 lockdown.
The outlook for buying and selling “stays very difficult” as a result of the newest lockdown may just remaining till Easter, the store stated.
Gross sales of clothes and homeware slumped by means of 24.1% within the 13 weeks to 26 December. The determine mirrored a close to halving of shop gross sales, which was once partly offset by means of a similar-sized surge in on-line gross sales. The limitations on socialising over Christmas supposed that the large dealers had been pyjamas and jogging bottoms somewhat than birthday party outfits.
Marks & Spencer’s meals halls fared higher, with gross sales at shops open 365 days up 2.6%. That determine rose to just about 6% when the affect of the closure of its massive community of in-store cafes was once stripped out. At the identical foundation, gross sales had been up eight.7% within the 4 weeks ahead of Christmas when the affect of closures was once got rid of.
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