M&S profits plunge 62% amid store closure costs

marks and spencer

Marks and Spencer’s pre-tax profits have plunged by 62.1% to £66.8m for the year, with performance hit by tightening food margins and the cost of store closures.

Subscribe to comprehensive insights on your industry to give you a competitive edge

Already a Subscriber?

Forgotten your password? Please click here.

Not a Subscriber?

There’s more to discover…

Subscribe to Platinum from just £1.16 per day

Subscribe now