Search

Web issues hit M&S clothing sales

PUBLISHED: 08:47 08 July 2014 | UPDATED: 08:47 08 July 2014

Marks and Spencer Chief Executive Marc Bolland. Photo|: Adrian Brooks

Marks and Spencer Chief Executive Marc Bolland. Photo|: Adrian Brooks

Marks & Spencer boss Marc Bolland blamed website teething problems today as the chain’s homeware and clothing division registered its 12th quarter in a row of declining sales.

The general merchandise arm posted a 1.5pc fall in like-for-like sales for the 13 weeks to June 28 - making it three straight years of quarterly declines for the division - while food grew like-for-like sales by 1.7pc.

The group’s total revenues for the period grew 2.3pc, though the business said sales were hampered by teething problems after the introduction of a new website earlier this year.

Chief executive Mr Bolland said: “We have seen a continued improvement in clothing, although as anticipated the settling in of the new M&S.com site has had an impact on sales.”

The figures were announced hours before Mr Bolland and the rest of the board are due to face concerned shareholders at M&S’s AGM at Wembley Stadium.

Search hundreds of local jobs at Jobs24

1 comment

The views expressed in the above comments do not necessarily reflect the views of this site

Management Jobs

Show Job Lists

Newsletter Sign Up

Sign up to receive our regular email newsletter

Insight

A global boom in the use of smart meters is set to fuel the growth of a pioneering East Anglian engineering company after it struck a major production deal with a leading Indian manufacturer.

I’ve seen and heard quite a lot over the years, so it takes quite a bit to shock me.

Green 100

cover

Enjoy the Green 100
digital edition

Read
0

Meet the Team

Mark Shields

Business Editor

|

Chris Hill

Agricultural and Farming Editor

|

Business Most Read

Awards

Norfolk Future 50 EDP Business Awards Green 100

Business Most Commented