M&S helps FTSE edge up as it bucks Christmas gloom in food retail
date:Jan 10, 2014
high hit in September, outperformed steep share price falls at larger food retailers WM Morrison and Tesco, which reported like-for-like quarterly sales drops on Thursday.

The trend in the food market is being very much towards the top-end and value-end outperforming the big four, and certainly the results over Christmas have confirmed that trend is continuing, said Investec analyst Kate Calvert, upgrading MS to buy from hold.

With Marks Spencer, there is a lot of bad news already in the sha
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