Corporate
Marks & Spencer was founded by Michael Marks and Tom Spencer in the UK, sometime in1884. Today it has grown into one of the top retailers in the UK with a substantial presence abroad. More than 15 million people visit the Marks and Spencer stores every week. Marks & Spencer is also known as M&S, Marks & Sparks and Marks.Activities
M&S focuses mainly on food and fashion retailing. However, as the company grew, it diversified into other areas that gave value to its customers.M&S has been highly successful with its financial services offering:
- Credit Card Services
- Car Insurance
- Home Insurance
- Pet Insurance
Performance
In fiscal 2006 M&S achieved revenues of £ 7.79 billion and profits of £ 745.7 million.
Revenue growth over the last 2 years
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On 31 December 2006 Manulife Financial’s net income was $ 3.98 billion worldwide.
Growth in assets over the last 2 years 
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M&S retained its leadership of the clothing and footwear markets in the UK.
During the second half of the last fiscal M&S implemented certain improvements in its products which resulted in better customer response.
Overall M&S reported larger consolidated volumes in the last fiscal compared to the year before. Growth in market share over the last 2 years 
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Assets and Infrastructure
M&S operates over 450 stores in the UK, 150 stores worldwide and 198 franchise businesses in 30 countries and territories across the world.During the last fiscal M&S added 22 new stores around the world and was able to increase the total space at its disposal substantially.
Growth in total floor space over the last 2 years
Corporate Social Responsibility
M&S is at the forefront of responsible corporate behavior with a strong focus on environmental protection. For its best practices M&S has won the RSPCA award for good business. M&S has been named as the leading retailer in the UK for responsible fish sourcing by Greenpeace and the Marine Conservation Society. Greenpeace has also awarded M&S with a Grade A status for its responsible sourcing of tropical hardwood furniture. OrganizationM&S is headed by Mr. P. Myners who is the Chairman of the company.
M&S employs over 65,000 people worldwide.
M&S’s corporate office is located at:
35 North Wharf Road,London
W2 1NW
Tel: 020 7935 4422
Fax: 020 7487 2679
Website: www.marksandspencer.com
