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.
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The following is an excerpt from an article published by IPS-Inter Press Service:
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Blue whiting:
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