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Wednesday, 10th January, 2007*  Marks and Spencer Online Store

Marks & Spencer Increases Market Share

Stuart Rose, the chief executive of Marks & Spencer, has said that M&S has improved market share in all areas and produced a 5.6 per cent rise in underlying sales in the 13 weeks to December 30, 2006.

Internet sales for M&S, over the Christmas period, rose 70 per cent from the same period in 2006, and work is now underway on a new website being developed with Amazon, the Internet retailing behemouth, which will go live before Easter. Looking forward, Mr Rose said that he believed that Internet sales for M&S could be worth as much as £500 million.


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