Led by M&S Food and a lean to value, Marks and Spencer shows signs of a comeback

Despite falling profits in 2022/23, stock outlook has soared in the past week for Marks and Spencer, which notably has been bolstered by the rejuvenation of M&S Food. Sales from its Food division jumped 8.7%, including a 5% rise in its “core categories” that eclipsed pre-pandemic levels. Its market share, in fact, increased by 3.6% […]