Marks and Spencer Group PLC (MKS.L)
19 Nov 2018
* G4S and JD Wetherspoon fall over 10 pct (Adds closing prices)
LONDON Marks & Spencer warned of an increasingly tough trading environment after disruption from the latest attempt to reinvent Britain's most famous retailer dented first half sales and profit margins in both its food and clothing businesses.
* "Letting customers down" in clothing, food offers "confusing"
LONDON, Nov 7 UK shares joined a post-U.S. midterms rally with strong gains across sectors despite disappointing trading updates from retailer Marks & Spencer and commercial broadcaster ITV.
Nov 7 Britain's FTSE 100 index is seen opening 33 points higher at 7,074 on Wednesday, according to financial bookmakers, with FTSE 100 futures up 0.31 percent ahead of the cash market open.
LONDON, Nov 7 Britain's Marks & Spencer reported a 2 percent rise in first-half profit but underlying sales declined in both clothing and food, hurt by disruption from its latest attempt at a turnaround after over a decade of failed reinventions.
Oct 8 Marks & Spencer has hired the commercial director of Tesco's fresh foods division to take on the same role at M&S Food, which the British retailer is trying to modernise.
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