Marks & Spencer Chief Bolland Quits as Sales Slump Persists

  • General-merchandise head Steve Rowe to take helm in April
  • Retailer's holiday sales decline more than analysts' estimates

Marks & Spencer CEO Bolland to Retire This Year

Marks & Spencer Group Plc Chief Executive Officer Marc Bolland will step down after failing to revive clothing sales in almost six years at the British retailing bellwether.

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