Retail & Consumer

Jan 9: Marks loses sparks

Marks and Spencer, the British High Street retailer, has triggered a rout amongst the rest of the sector after publishing its worst quarterly figures in two years. Analysts say they're also spooked by a pessimistic outlook stretching not just through 2008 but into the first half of 2009. Beth Rigby, consumer industries editor, reflects on what the results mean for M&S and the rest of the sector.