Marks Spencer sign store

M&S enjoyed positive like-for-like food sales in Q3 2016 

Food sales at premium retailer M&S rose by 5.6 per cent during the 13 weeks to 31 December 2016 with like-for-like sales up by 0.6 per cent.

The quarter was characterised by a slightly later build to peak, as a result of Christmas Day falling on a Sunday, according to chief executive, Steve Rowe.

“We continue to grow market share, with customers appreciating the quality, innovation and newness that distinguish our food. New Simply Food stores continue to perform well.

“I am pleased with the customer response we have seen to the changes we are making in line with our plan for the business. I would like to thank the whole team for their hard work over this busy period,” he added.

Total like-for-like UK sales at M&S rose by 1.3 per cent during the third quarter.