However, signs that takings are beginning to feel the heat have begun to gain momentum in more recent months. Indeed, the latest retail sales gauge from the Confederation of British Industry (CBI) slipped to -36 in October from +42 the prior month. Recent trading statements from some of the country’s largest retailers has also underlined the deterioration in market conditions since the summer. Food Is Also FailingBut slipping demand for its wearable items is not the only cause for concern for Marks & Spencer as its food division is also running out of steam. Indeed, given the prospect of sustained pressure at the checkout, I reckon investors should sell out of Marks & Spencer post haste.

Source: Forbes November 01, 2017 12:45 UTC