M&S, or Marks & Spencer PLC, is one of the largest British retail clothing and food companies. M&S is a global retailer that provides millions of customers with high-quality, low-cost food, clothing, and homeware. Their food strategy is to preserve what their customers value most about M&S – exceptional quality, high sourcing standards, and market-leading innovation – while modernizing their supply chains, improving their stores, and providing better customer value. They establish a self-assured clothing business by providing modern, contemporary, stylish products of excellent quality and value.
Michael Marks founded Marks & Spencer in 1884 as a stall in an open market in Leeds, Yorkshire. “Don’t ask the price—it’s one penny,” the sign said. Marks’ son Simon transformed the company from a collection of outdoor stalls in various markets throughout northern England to an array of indoor shops. Marks and Spencer Group PLC, the parent company, purchased Brooks Brothers, the oldest clothing retailer in the United States, in 1988 but sold that division in 2001. By this time, the company had over 300 retail outlets in the United Kingdom, colloquially known as “Marks and Sparks,” with additional stores in dozens of other countries. A decade later, the number of shops in the United Kingdom doubled to around 700.
As a company operating since 1884, they understand the importance of planning for the future. They employ approximately 65,000 people in our stores, support centers, logistics operations, and international teams. M&S is a business family that sells high-quality, great-value own-brand products and services alongside a carefully selected range of third-party brands. Their global business serves customers in over 100 countries through strong local partners and online channels.