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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. Disadvantages It’s a high end business and therefore contacting and arrangements will be more difficult. The business will be wrapped up with more important deadlines within the business. The business could be less time and cost efficient with the student. Advantages Marks and Spencer is a main stream business which is good for experience being in that form of business. This business has a high reputation. This business will be able to offer multiple skills and opportunities.