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M&S

Marks & Spencer is known as M&S, which is one of the UK's leading retailers of clothing, foods, homeware and financial services. M&S is now serving around 10 million customers a week in over 300 UK stores. Michel Marks is the first establisher.Michal Marks in Leeds borrowed loan of £5 from Issac Dewhirst, a wholesaler in order to establish "Penny Bazaars", which founded in 1884 by a Russian-born Polish-Jewish immigrant. One of the original Penny Bazaars is in the Grainger Market, Newcastle upon Tyne. These stores now remain open. Marks' first full store was opened in 1894 at Stretford Road, Hulme, in Manchester. Marks want to expand his business so he decided to enter into a partnership with Thomas Spencer, who was working as Dewhirst cashier. The official first Marks and Spencer store opened in 1904. Then Michael Marks and Thomas Spencer passed away, the title of Chairman went to Marks' son Simon Marks. Simon Marks started to work with his friend Israel Sieff. Marks and Spencer......


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Approximate Word Count: 356
Approximate Pages: 2 (250 words per double-spaced page)

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