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Home > Company Index > Retail > Department Stores > Marks and Spencer p.l.c.
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Marks and Spencer p.l.c. |
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PROFILE |
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St. Michael might be a popular brand sold by Marks and Spencer, but the saint himself must have listened to his share of petitions from the retailer recently. The UK's largest seller of clothing is selling off operations around the globe in order to salvage its 300 or so Marks & Spencer stores in the UK. The stores sell mid-priced clothing, food, and household items. The struggling retailer has been cursed by costly, unwieldy operations. To that end, Marks and Spencer annouced plans to sell more than 220 Brooks Brothers clothing stores in the US and Asia, as well as its 25-store Kings Super Markets chain in New Jersey. Marks and Spencer is also closing its catalog business.
COMPETITION |
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Tesco PLC (TSCDY)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2001 Sales (mil.): 11,437.60
1-Yr. Sales Growth: (12.3)%
Employees: 76,491
Revenue per employee: $149,528.70
KEY PEOPLE |
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Luc Vandevelde
CEO
Alison Reed
CFO
CONTACT INFO |
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Michael House, Baker St.
London W1U 8EP, United Kingdom
Phone: 44-20-7935-4422
Fax: 44-20-7487-2679
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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