Food waste and too much skinny menswear spoil M&S's Christmas
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LONDON (Reuters) - Higher food waste and weak sales of menswear and gifts tarnished Marks & Spencer's (M&S) Christmas performance, hammering the British retailer's shares and raising more questions about its latest turnaround attempt.M&S said on Thursday that while sales volumes in food increased, it also experienced higher waste levels. Menswear sales suffered because it over-bought skinny and slim styles in its contemporary ranges, under-bought more classic fits, and also had too many small..