Marks and Spencer has recently published its half year results, highlighting food sales growth of 5.6% in the period.
M&S is investing across its food range with:
- ‘Bigger packs, better value’ and ‘locked’ prices across 100 lines.
- The ‘Renewal’ roll-out continues with 7 legacy stores converted to new food halls in H1 with 17.8% sales growth post conversion.
- 900 new lines were added in H1, an increase of 4% on last year.
- The Gist acquisition has improved supply chain productivity and removed c.£25m of costs.