Summary
MARKS & Spencer has lost its much-coveted crown as the UK's largest clothing retailer, to the supermarket chain Asda.
Industry figures for the 12 weeks to 25 July show that Asda now has a leading 9.4 per cent share of the clothing market - up almost a third on the previous quarter.See the full content of this document
Extract
Supermarket Giant Usurps Title
At the same time, M&S has failed to grow its share from 9.1 per cent, according to the data from market research firm Taylor Nelson Sofres (TNS).
The survey reveals that M&S is also under growing pressure from others on the high street. Tesco, though still a w...See the full content of this document
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