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Marks and Spencer Research
1. Marks and Spencer
Marks and Spencer plc. Also known as M&S is a British retailer headquartered in the City of Westminster, London with
over 700 stores in the United Kingdom and over 300 stores spread across more than 40 countries. It specialises in the
selling of clothing and luxury food products. M&S was founded by Michael Marks and Thomas Spencer in Leeds. In 1998,
it became the first British retailer to make a pre tax profit of over 1 billion, though a few years later it plunged into a crisis
which lasted several years. In November 2009, it was announced that Marc Boland, formerly of Morrisons, would take
over as chief executive from executive chairman Stuart Rose in early 2010; Rose remained in the role of non executive
chair man until he was replaced by Robert Swannell in January 2011.
Advantages Disadvantages
1. Marks and Spencer is a main stream 1. It’s a high end business and therefore contacting
business which is good for experience being and arrangements will be more difficult.
in that form of business. 2. The business will be wrapped up with more
2. This business has a high reputation. important deadlines within the business.
3. This business will be able to offer multiple 3. The business could be less time and cost
skills and opportunities. efficient with the student.