10 Facts about Marks and Spencer

Post On: June 7, 2017
By: Agustina

Facts about Marks and Spencer will narrate the insight about major British multinational retailer. People also call it M&S. The base of this company is located in Westminster, London. Michael Marks and Thomas Spencer established it in 1884 in Leeds. Today, Marks and Spencer has been a part of FTSE 100 Index and London Stock Exchange. The primary products sold by the company include luxury food products, home products and clothing. Here are other interesting facts about Marks and Spencer below:

Facts about Marks and Spencer 1: branded goods

In November 2008, Marks and Spencer started to sell branded goods. One of them is the Corn Flakes of Kellogg.

Facts about Marks and Spencer 2: the number of stores

Can you count the number of stores that Marks and Spencer has? In United Kingdom, it owns 959 stores. The food products are solely sold in 615 of them.

facts about Marks and Spencer

facts about Marks and Spencer

Facts about Marks and Spencer 3: the pre-tax profit

The pre-tax profit of Marks and Spencer reached more than £1 billion in 1998. However, the shareholders and other investors were surprised when the profit fell dramatically.

Facts about Marks and Spencer 4: the chief executive

Stuart Rose was replaced by Marc Bolland who had worked for Morrisons as the chief executive in the beginning of 2010.

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Facts about Marks and Spencer 5: the international store

Marks and Spencer is not only operated in United Kingdom, but also in other parts of the world. In Spain, it has five stores. In Poland, it operates 11 stores. India has 52 stores. Russia, Turkey and Greece have 37, 48 and 27 stores respectively.

Marks and Spencer facts

Marks and Spencer facts

Facts about Marks and Spencer 6: the sales

The food sales of Marks and Spencer rise, while the clothing sales decrease in the current years.

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Facts about Marks and Spencer 7: the Look behind the Label

The marketing campaign of Marks and Spencer under the title Look behind the Label was launched in 2006.

Facts about Marks and Spencer 8: Fairtrade

The label introduces the tea and coffee labeled with fairtrade. In some departments, the fair-trade cotton is employed in the clothing lines.

Marks and Spencer

Marks and Spencer

Facts about Marks and Spencer 9: the largest shop

The largest shop of Marks and Spencer is located at Marble Arch, London. The shop covers 170,000 square feet or 16,000 sq m of floor.

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Facts about Marks and Spencer 10: online service

The online service has been available since 2000s. More than 50 percent of the online trade was handled by Republic of Ireland as of May 2013.

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