Marks & Spencer boss: business overhaul will leave `no stone unturned`
(The Guardian Business News)

Clothing and food sales fall but CEO Steve Rowe claims work is well under way to reverse chain´s fortunesMarks & Spencer boss Steve Rowe said it was leaving `no stone unturned` as a new management line-up overhauls `every aspect` of its struggling clothing and food stores in a bid to appeal to younger shoppers.After more than a decade of failed attempts to revive the high street giant, Rowe gave a stark assessment of the chain´s problems as it recorded a small increase in first-half profits. Its clothing arm had an `ageing` customer base and dated stores, while its food halls were too expensive, with shoppers put off by `confusing` promotions. Continue reading...