ⅠCompany Introduction & Background

Marks and Spencer is one of the UK's leading retailers. It has four operating divisions, UK retail, international retail, financial services and ventures. UK retail is further divided into women's wear, menswear, lingerie; children's wear, home, beauty and food. It is the largest clothing retailer in the UK by turnover.

Sir Richard Green Bury was the chairman and chief-executive of the British retailing giant Marks and Spencer from 1988 to 1999. During his tenure the company continued to grow strongly until it reached its peak in 1997 and 1998 when it was second most profitable retailer in the world after Wal-Mart.

The company began in 1884 when Russian Refugee Michael Marks opened a market stall in Kirk gate market, Leeds. In 1894, Marks met and formed a partnership with Tom Spencer. It grows from a market stall to a clothing store in the first year of the 20th century.

Marks and Spencer registered as private Ltd Company in......

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Title: Market Analysis For Marks & Spencers
Approximate Word Count: 3361
Approximate Pages: 14 (250 words per double-spaced page)

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