“M&S is the one to watch for”, says Linear Investments' Harrison

Marks & Spencer set to launch an online food delivery service at a time when the online retailers are feeling the pinch of rising inflation. Data from the payment company Visa shows the UK online spending in April fell for the first time since 2013.

In recent years M&S has seen sales rise for grocery products, while clothing sales are declining.

Will venturing into the online space with a food delivery service help lift the fortunes of its shareholders?

Tim Harrison, Head of Wealth Management at Linear Investments says, “The retail space continues to make a fundamental shift to online.. - M&S is surely the one to watch out for”.

Harrison reviews French elections and takes note of the factors that could move the markets this week.

#M&S, #Marks&Spencer, #retailer, #onlineretailer, #UK, #stocks, #fundamentals, #macro, #trading, #investing, #markets