Marks & Spencer cyber attack could have £40m weekly sales impact

Marks & Spencer store

Source: Getty Images/iStock/Ray Orton

A new estimate from the Bank of America (BofA) suggests the cyber-attack could be costing the retailer over £40m per week.

The retailer has not been able to make any online sales since Easter weekend due to a cyber attack. With 33% of clothing and home sales taking place online, BofA analysts estimate a weekly impact of £26m. 

 

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