Friday, 29 June 2007

Marks & Spencer Entices Short Sellers as Tesco, Sainsbury Squeeze Shares

(Bloomberg) -- Marks & Spencer Group Plc revived
growth by selling gourmet food to Britons. Now, it's fighting to
keep customers from defecting to larger rivals.

Marks & Spencer's sales of food such as spicy, smoked trout
and crayfish salads are growing at a slower pace than at Tesco
Plc and J Sainsbury Plc, which are selling more organic and
premium food for less money.


Read more at Bloomberg Stocks News

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