M&S

MARKS AND SPENCER. Analysis and Presentation. Marks and Spencer (M&S) was organized in 1884 in the UK. M&S is one of the UKs leading retailers of clothing, provender , home products and financial services. It has over 375 stores and 155 stores managed under in 28 territories mostly in Europe. From recent times, however, M&S experiences a performance slowdown, it has sold most of its overseas operations in value to salvage its stores in the UK. The company also trades in 30 countries worldwide and has a group turnover in excess of £8 billion. Having Vision to be the standard against which all others are measurable and Mission to make aspiration accessible to all, M&S is listed in London stock exchange. Current Position: A) Sales and taxation Growth. M&S- The retailing sales in 2004 were £8077.20(m) which had increased by a nominal figure of .72% with that of 2003 which was £8019.10(m). M&S have been communicate toughened sales growth recently, fortunes have make betterd since the prove of a recovery program. In particular, during 2004 clothing performance was strong as a result of the focus on the appeal, quality, availability and conciliate of the product.

Women swear, Menswear and Lingerie all increased market share for the year. occasional(a) wear performed particularly strongly. The performance of children wear has been disappointing action has been taken to improve design & consolidate ranges to offer more choice. In intellectual nourishment M&S have had a nonher year of strong sales growth .Key to success has been high quality of products. All of this has added to insurrection sales. Sainsburys- The retailing sales for Sainsbury on the other hand tumbled in 2004 to the figure it projected in 2003. Their reported sales in 2003 was £17,430.0(m) and that of 2004 was £17,141.00(m) .The answer fall in terms of percentage has been 1.69%. The companys new chief Justin King said the chain had not stayed as sharp on pricing as... If you want to trounce a full essay, order it on our website: Orderessay

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