M&S beats snow to get Xmas sales increase

While many retail companies claim to have suffered as a result of December’s snow and ice, Marks & Spencer have emerged as one of the winners of the festive period, posting a 2.8 per cent in like-for-like sales in the final quarter of 2010.  

The retailer sold  £50m of food on Thursday, December 23 – a company record.

Without the bad weather bringing the country to a halt on some days, the figures would have been better still. Mark Bolland, the former Wm Morrison man appointed chief executive last year, thanked his staff for doing “a wonderful job in very difficult conditions” and also pointed up “the resilience of the brand”.

Read a full report at the Guardian. 

  ·