Marks & Spencer (LSE: MKS) has shrugged off the price war that’s savaged sales at the UK’s big four supermarkets, with the purveyor of ‘fancy meals in plastic tubs’ reporting its food division is actually seeing profitability rise. So why is it doing so well when rivals like Morrisons (LSE: MRW) are still struggling?
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What Has Marks and Spencer Group plc’s Food Got That WM Morrison Supermarkets PLC Hasn’t?
VIDEO: One Fool takes a closer look at Marks and Spencer Group plc (LON:MKS) & WM Morrison Supermarkets PLC (LON:MRW)
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
