A report about marks & spencer food Essay Example | Topics and Well Written Essays - 6500 words

A encompass about marks & spencer food - Essay ExampleThe competitive retail industry landscape has provided the follow with the expertise to devise managerial strategies that help in retaining a healthy market share and regard the return of customers to their barge ins. The company has improvised its strategies in tune with changing times and introduced new brands and functions in the retail market segment. The food division is one of the launches that have earned the company a good patronage of revenue over the course of instructions.The organization started its food division in the year 1931 when they introduced a food division to sell produced and canned food. This was followed by the introduction of caf bars providing cheap and hygienic food to the people shop at their complex. The food division slowly expanded to include various cuisines catering to global tastes and changing habits. The food division of M&S has become a vital part of the retail store business contribu ting to nearly 51 portion of the total sales and revenues (M&S, 2009). attach and Spencer was founded by Michael Marks and Tom Spencer in the 1880s as a partnership venture. The partnership was formed in the year 1894 and opened penny price stalls at various locations to attract customers by offering them goods at low price. Sir Stuart Rose is the present Chairman of the M&S group while the food division is headed by John Dixon. The company is currently a shareholding establishmentThe Marks and Spencer group is primarily abstruse in the retailing of clothes, food and home products. Clothing products include womens wear, mens wear, kids habiliments and lingerie. Besides clothing the group also retails cosmetic products, household products, and host of other daily inevitably consumer goods. The clothing and household articles account for nearly 49 percent of the total revenues. The remaining 51 percent of the revenues come from the food division (M&S,