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M&S Sees Holiday Apparel, Home Sales Slump

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Marks & Spencer made “good progress” repositioning apparel and home goods over the holidays even though overall Q3 sales sagged, it said Friday. Revenue in apparel and home totaled 787 million pounds ($1.07 billion), declining 25.1 percent and reflecting an in-store sales decline of 46.5 percent, partially offset by strong online sales growth of 47.5…

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