Marks and Sparks Lit by Recession Woes
By Denis Campbell • Jul 3rd, 2008 • Category: Business
British shopping institution Marks & Spencer lost 25% of its share value yesterday when its Executive Chairman Sir Stuart Rose announced that due to a lack of consumer confidence, same period store sales were down 5.3% and revenues for the full calendar year would fall by 20%. It must be really bad if people have [...]
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