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M&S and Debenhams suffer sales fall over crucial Christmas period

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Marks & Spencer and Debenhams have both reported a fall in sales over the crucial Christmas trading period as consumers tighten their belts.

However, Tesco posted a 2.2% rise in UK like-for-like sales over the festive period – beating expectations.

And the John Lewis Partnership, Britain’s biggest department store operator, said sales rose 1.4% to £2.2bn in the seven weeks to 5 January.

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