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Marks & Spencer to step up store closures after £201.2m loss

Clothing and homeware sales fall by almost a third on back of Covid lockdowns

Marks & Spencer is to step up store closures after diving £201.2m into the red after clothing and homeware sales slid by almost a third during the high street lockdowns.

Food sales rose by 1.3% at established stores in the year to 3 April as M&S missed out on the shift to online groceries for most of the year until it launched a delivery service with specialist Ocado in September.

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Read the original article at The Guardian

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