M&S performs well at home

Abstract

Despite the impact of food contamination scares which affected all food retailers, and high interest rates, Marks & Spencer have still performed well — at least in the UK, with pre‐tax profits up 5.4 per cent to £529 million, and turnover increased from £4.58bn to £5.12bn. But overseas results were patchy. Nonetheless M&S seems determined to expand in Europe, and is believed to have pinpointed Spain as a prime candidate. Also our commentator reports on the John Lewis Partnership and Asda.

Citation

Cox, R. (1989), "M&S performs well at home", Retail and Distribution Management, Vol. 17 No. 4, pp. 54-56. https://doi.org/10.1108/eb018417