British retailer Marks & Spencer just posted its first half-year loss in 94 years

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British retailer Marks & Spencer (M&S) posted a half-year pre-tax loss of £87.6 million ($114.0 million).
Sales of clothing and homeware, which usually account for a third of its UK retail revenues, plunged during the pandemic.
It's the first half-year loss for M&S in 94 years.
But M&S said the business performed "better than expected," after total revenues fell by a third less than it had anticipated. Food sales remai