M&S expects gaps in shelves to last “until spring”

Marks and Spencer profits climb as food sales surpass pre-pandemic levels
The profit upgrade is only the second from M&S this century and follows one in August.
// M&S to warn that shortages of some of its clothing and homeware ranges will last until spring
// The retailer will also flag an increase to day-to-day costs, coming particularly from China

Marks & Spencer is expecting to witness shortages across its clothing and homeware ranges, some of which could last until spring.

The warning comes as the retail sector faces supply chain disruptions and increasing cost pressures.

M&S will also flag an increase to day-to-day costs, coming particularly from China, which will weigh on prices.


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The retailer is expected to reassure shoppers that it has good food availability in the run-up to Christmas.

M&S has also been working with suppliers to boost stocks of its most popular lines, partly by offering a simplified range.

It will update the City on Wednesday on its performance in the first half of the year.

Pre-tax profit is expected to be between £205 million and £264 million, a significant improvement from a £17 million loss in the same period last year, but also an increase on the £180 million it delivered before the pandemic.

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1 COMMENT

  1. Don’t get sucked in and fooled by M&S stories they are telling the media. It’s just to plant the seed to report a poor trade update

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