Strong M&S food performance

Impressive food performance outlined in the Marks and Spencer half year results, providing further evidence of the continued resilience in the performance of the UK grocery market.

  • Food sales up 10.4% Yo2Y trending to larger food halls

  • Food sales on retail parks +23.3%

  • Food sales in city centre down 18.4%

  • Yo2 food operating profit up c.+56% rising to £143.7m from £92.2m from 2019/20

  • M&S Food growing market share

  • M&S product sales 27% of total Ocado sale c.£309m

Read more here