Marks & Spencer plc, well-known retailers in the UK is home to over 700 stores in 34 countries are places where the company sells all the clothing, food brand San Miguel, and another 300 stores in the UK since the beginning, the main target of the consumer high quality, value and deliver a service. The company is left in the principles of its mission by developing long term relationships with suppliers, its value for customers by offering a limited selection of products at low prices and available to help meet local industry (Thomas, 2012).Nearly 50 percent of sales in foreign markets, the company members of the Convention. The group should be used as a supermarket chain of supermarkets in the United States in clothing stores such as Brooks Brothers and Kings.
On the other side of a company continues to send the company is its main objective to provide customers with easy access to products and financial services businesses, action groups and risk management services, including including life insurance and contribute to a pension for people.
M & S as a society, we have always known, a great management support, which contributed to its growth. But the former CEO of the company so decides, the group will lead to lower sales and profits. Price per share fell to the shareholders concerned by uncertainty (BBC News, 1988).
Brand
As a single unit with the man-club reflects the brand M & S, the group owner of the trust of our clients strengthen their unusual dress. But what makes M & S is actually the exception perhaps not unusual. In this case, the story sees a host of other things and cannot overlap (Stafford, 2009).
Economic Analysis of Marks & Spencer plc
Marks & Spencer has produced a good set of results for 2010/2011, an increase of 4.2% despite difficult market conditions. Comparable operating income before tax amounted to EUR 714.3m, 12.9% from the previous year, adjusted earnings per share 34.8p, ??and 16.0% the previous year. It reflects a good job at Marks & Spencer team in the company because the dynamics of food and general merchandise, construction and the continued growth of international trade (www.napo.org.uk).
At the same time was 53 weeks. As defined in the previous year, all financial ratios comparable to 52 weeks, unless otherwise indicated. Last year, 52 weeks, the turnover of UK £ 169.7m (£ 76.6m, £ 93.1 million and food in general) and variable operating costs the UK £ 13, € 4,000,000 in the second to refer solely to exclude 53 weeks and has worldwide sales of £ 7.4 million and net interest income of € 2.5 million. United Kingdom, 52 weeks per year operating costs presented under the same conditions as for 52 weeks (annualreport.marksandspencer.com).
Revenues
Group sales by 4.2% due to increased sales of the same event in the UK has increased and led to a strong performance in international affairs. Britain has about 4.0% of the total, compared to an increase or a 2.9% growth and thereby improves the sector, Marks & Spencer, products and markets the best environment for the ...