Founded in 1884, Mark & Spencer Group Plc is a UK-based a international retail company that specializes in selling clothing, home products and food products, to millions of customers around the world. It operates around 1,509 stores and over 100 websites globally. The company is listed on the London Stock Exchange as LON: MKS and is a constituent of FTSE 250 Index.
The company operates through six segments that include Food, Clothing & Home, M&S International, M&S Bank, M&S Energy and Ocado Retail. The Food segment offers sustainably sourced products with high quality and value including protein deli and dairy; produce; ambient and in-store bakery; meals, dessert and frozen; hospitality and Food on the Move.
The clothing & Home segment offers clothing for men, women and kids, home & beauty products, formal cloths, holiday clothes, shoes & accessories and lingerie through UK retail stores and online. The M&S International segment is engaged in delivering food and clothing & home product, great digital service for its partners and driving growth online through its MS2 division. It is also expanding its presence in new markets and marketplaces such as Zalando and has launched 46 flagship websites in new markets.
The M&S Bank segment of the company is operated by HSBC and offers a range of financial services with a focus on credit cards and payment solutions. The M&S Energy segment is operated by Octopus to offer fully renewable energy source and the Ocado Retail is engaged in maximizing the value of its property assets through investment and development opportunities.
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