M&S plan even more Simply Food stores
The company's three-year plan, running until 2016, had already earmarked the introduction of 150 new stores, and has now added another 50 into the schedule.
This follows good news for the food end of M&S as food sales rose 3.6% and 1% on a like-for-like basis in its half-year results. Meanwhile, no-one wants to buy their boring, crappy clothes (and the adverts aren't helping because no-one wakes up in a morning and thinks 'I know! I want to dress like Annie Lennox in 2014!').
M&S food however, is doing very well and has been helped by a host of new lines, alongside their recent foray into frozen ready meals.
Marc Bolland, Chief Executive, said "We expect our Food business to continue to outperform the market with a higher number of new Simply Food stores planned over the next three years, up to 200 from 150 previously guided."
So there you have it. Everyone will be having Percy Pigs for their breakfast and stocking up on fish 'n' chip pies while slurping bottles of rhubarb and custard drink. Written down, M&S food looks mental.