Marks and Spencer Group

Marks & Spencer Group plc (M&S) is a leading multinational retailer that sells exceptional products, including foodstuffs, home appliances, and fashion clothes. Established as early as 1884 in Leeds by two key founders, Michael Marks, and Thomas Spencer, the firm has been involved in a number of ventures. For instance, in 2008, it started selling Kellogg’s, Corn Flakes. At the moment, the firm operates more than 959 stores with majority specializing in food products. The firm has acquired several brands for various chains of products and services, including the online platforms that serve consumers in remote areas. 

The company is based in London, UK and it is listed on London Stock Exchange and component of FTSE 250 Index. In 2018, the company announced to close more than 100 of its stores by 2022 due to low business volumes although it has remained a speculation. The firm offers products from almost every customer, including women, men, and children.

Latest Marks and Spencer Group News

Marks & Spencer share price: AJ Bell points to another red flag

AJ Bell reckons that the departure of Marks & Spencer Group’s (LON:MKS) finance chief marks the latest ‘red flag’ at the company, Citywire reports. The comments came after the high street retailer, which was recently booted out of the FTSE...

Marks & Spencer share price: Analysts weigh in on results

Analysts have raised doubt over Marks & Spencer Group’s (LON:MKS) turnaround plan, Proactive Investors has reported. The comments came after the blue-chip retailer updated investors on its full-year performance yesterday, posting a fall in revenue and profits, and announced a...

Marks & Spencer share price slides after FY results

Shares in Marks & Spencer Group (LON:MKS) have fallen deep into the red in today’s session as the high street retailer posted a fall in full-year revenue and profits. The further unveiled a rights issue as it looks to finance...

Marks & Spencer share price: Investors await full-year results

Marks & Spencer Group (LON:MKS) is largely expected to post a fall in profits when it updates investors on its full-year performance this week. The update will come after the high street retailer recently struck a £1.5-billion online food joint...

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