Urgently Wanted - Woman With 46FF Chest
Marks & Spencer added to the High Street gloom yesterday by announcing its worst quarterly sales performance for a decade and said it would cut around 1,230 jobs in a bid to save money in a tough trading environment.
UK like-for-like sales fell 7.1 percent in the 13 weeks to Dec. 27, the company said. And they won't be picking up in the January sales either based on the evidence of my own eyes at the weekend.
I thought I'd wandered into Woolies by mistake the shelves were so bare, and what was on the shelves was generally a pretty motley collection of one-offs. Unless you happen to have a missus with a 46FF chest looking for a matching size 8 thong that is.
M&S says it intends to cut it's operating costs by around 1-2% in 2009. This will partly be delivered by closing 27 stores, including 25 from its Simply Food format, with the loss of about 780 jobs, and by cutting up to 450 head office staff.
UK like-for-like sales fell 7.1 percent in the 13 weeks to Dec. 27, the company said. And they won't be picking up in the January sales either based on the evidence of my own eyes at the weekend.
I thought I'd wandered into Woolies by mistake the shelves were so bare, and what was on the shelves was generally a pretty motley collection of one-offs. Unless you happen to have a missus with a 46FF chest looking for a matching size 8 thong that is.
M&S says it intends to cut it's operating costs by around 1-2% in 2009. This will partly be delivered by closing 27 stores, including 25 from its Simply Food format, with the loss of about 780 jobs, and by cutting up to 450 head office staff.