Travel, Apple, Photography, Climate Change Science, Railways and random subjects of interest
Wednesday, July 02, 2008
"M&S Sales Drop, Plastic Bag Sales Lead the Way"
This report demonstrates that high end marketing is often the first to suffer in an economic slow down. However, I think there may be another reason: M&S' decision to sell shopping bags for a whopping 5p each. The 5p apparently goes to a good cause so bag sales won't affect the bottom line. What will affect it is the "great turn off" that M&S has created among many of its loyal customers. Perhaps fewer people are entering M&S because of this and not the economy?