Marks & Spencer’s Bid to Woo Female Shoppers Vexes Investors

Updated on
  • Rowe’s plan a reversal from previous CEO’s emphasis on margins
  • M&S shares plummet 8.7%, the biggest drop in seven years

Marks & Spencer Group Plc’s effort to win back its core female clientele by cutting prices, de-cluttering aisles and hiring more in-store workers has alienated investors, who criticized the plan as short on ambition and detail.

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