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The turnaround at Marks & Spencer has gained further momentum after the retailer revealed a surge in food, clothing and homeware sales over Christmas.
Marks & Spencer: Like-for-like food sales rose 9.9% in the 13 weeks to Dec. 30, ahead of the most optimistic analyst forecasts, while clothing and home growth of 4.8% also soundly beat market expectations of a 2.8% rise.
Festive food sales helped boost the supermarket giant over the Christmas period.
The retailer reported much better-than expected results on Wednesday but warned of challenges ahead.