Marks and Spencer

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Background

Marks and Spencer describe themselves as 'one of the UK’s leading retailers, with over 21 million people visiting our stores each week'. Their products are sourced from approximately 2,000 suppliers globally, they have over 600 stores in the UK and they employ 75,000 people in the UK and abroad[1].

They operate 285 stores in 40 'territories' worldwide, from Bermuda to Bahrain, Hungry to Hong Kong, Spain to South Korea and Poland to the Philipines to name just a few[2]

They claim to be 'the number one provider of womenswear and lingerie in the UK', with their clothing and homeware sales accounting for 49% of their business. The remaining 51% of their business relates to the sale of food produce and products[3].

For the financial year 2007/08, M&S reported revenues of £9022 million, up from £8558 million in 2006/07. Their recorded profits also increased from £659.9 million for 2006/07 to £821 million for 2007/08[4]

Biographical Information

History

Michael Marks, a Russian born Polish refugee who was a founding member of M&S began trading in 1884 when he opened a stall at Leeds market. In 1894 he began looking for a partner and was joined by Thomas Spencer. In 1903 Marks and Spencer Ltd became registered as a firm[5].


Current activities

Views

Affiliations

People

Stuart Rose became Chairman and Chief Executive in 2008[6].

Funding

Clients

Publications, Contact, Resources and Notes

Publications

Contact

Address:
Marks & Spencer Head Office
Waterside House
35 North Wharf Road
London W2 1NW
Phone:
Email:
Website:

Resources

Notes

  1. Marks and Spencer Company overview Accessed 27th March 2009
  2. Marks and Spencer Where we are Accessed 27th March 2009
  3. Marks and Spencer Company overview Accessed 27th March 2009
  4. Marks and Spencer Annual report and financial statements 2008 Accessed 27th March 2009
  5. Marks and Spencer History timeline 1884-1907 Accessed 27th March 2009
  6. Marks and Spencer History timeline 2004-2008 Accessed 27th March 2009