Business Management - Marks and spencer plc Essay

demarcation Management - Marks and spencer plc - Essay ExampleMarks & Spencer (M&S) is a major British retail stick in chain, founded in 1884. In the year 2008, it was stratified the 43rd largest retailer in the world. M&S was ranked 17 in The Times Top 100 Graduate Employers 2008. Apart from selling clothing and food, most of its municipal stores have started expanding into home wares, furniture and technology. The company made a pre-tax profit of about 1 jillion pounds, though a few years after that, it sunk into a crisis which lasted for many years. Since the late nineties M&S has experienced serious business insecurities and has made a lot of attempts to revive its business. In 2004, M&S was in the news of an attempted takeover by Arcadia Group & Bhs boss, Philip Green. A retrieval plan was declared involving selling off the financial services business to HSBC Bank plc,.The takeover holler was withdrawn after failing to get adequate backing from shareholders. A lot of reas ons could have contri notwithstandinged to it but now we will look at the technological aspect of the company.