Marks & Spencer (M&S) (Public, LON:MKS) is a major British retailer, with over 885 stores in more than 40 territories around the world, over 600 domestic and 285 international. It is the largest clothing retailer in the United Kingdom, as well as being an upmarket food retailer, and as of 2008, the 43rd largest retailer in the world.
Most of its domestic stores sell both clothing and food, and since the turn of the century it has started expanding into other ranges such as homewares, furniture and technology.
In 1998 it became the first British retailer to make a pre-tax profit of over £1 billion.
On March 31, 2009, Marks and Spencer Reliance India Pvt Limited, a 51% subsidiary of the Company, completed the acquisition of 100% of Supreme Tradelinks Private Limited.
Pangasius worries a food safety scare: NFI United States
A new report from Exponent Inc's Center for Chemical Regulation and Food Safety claims that consuming contaminated pangasius from Vietnam and China could have "serious long-term human health consequences."
Moratorium on lobster fishing slammed United States
Congressman Joe Courtney informed that the proposed five-year ban on lobster fishing in New England has been frozen. he proposal would have imposed a five-year ban on commercial and recreational lobster fishing south of Cape Cod and as far as North Carolina.
Govt authorises mackerel imports Angola
The Agriculture, Rural Development and Fisheries Ministry has authorised the import of 7,500 tonnes of mackerel until 31 March 2011. The Angolan Government claims that the landings of the fish will take place at the docks in Peskwanz.
Minor details missing from FTA with Korea Peru
The Peruvian Ministry for Foreign Trade and Tourism announced that the Free Trade Agreement with the Korean Republic does not require a new round of negotiations, as only some minimal details remain to be seen.
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