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Marks and Spencer lowers costs of 400 products, 'passing on the benefits of reduced costs'

Marks & Spencer is reducing furniture prices by up to a third. The company states that the cost reductions will apply to over 400 products in its range, including sofa beds, coffee tables, and chairs. The retailer asserts that it is 'passing on the benefits of lower costs' within its supply chain. The savings will be applicable to some of M&S's top-selling furniture lines for bedrooms, dining rooms, living rooms, and sofas.

Photo © Ppawel |

Heidi Woodhouse, Director of Home & Beauty at M&S, stated, 'This week, customers will see new, lower prices for hundreds of our best-selling furniture lines – from beds and coffee tables to sofas. Providing reliable value will always be our promise to customers – giving them confidence in a great everyday price while never compromising on quality and sourcing standards.'

'By working closely with our strategic supply partners to reduce costs in our furniture supply chain, we are pleased to reaffirm this commitment and implement cost savings at a time when we know value is paramount for our customers.'

Source: www.coventrytelegraph

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