An overview of Marks & Spencer plc Marks & Spencer (M&S) is a leading British retailer‚ with over 895 stores in over 41 countries around the world. As of 2009‚ 600 stores currently located throughout the United Kingdom along with 295 stores planted internationally (M&S 2009). According to Deloitte (2009) M&S is the largest clothing retailer in the United Kingdom‚ as well as being an exclusive food retailer and as of 2009‚ the 43rd largest retailer in the world. The large majority
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2.0 SWOT ANALYSIS Strengths High quality:- High quality is the major strength that makes M&S successful. Customers always find high quality goods such as fresh fruits‚vegetables‚ and other superior goods in M&S’s food hall (Ciao‚2002). With many people turning to eat vegetarian meals‚ M&S grasps the customer’s need. M&S has high quality of products that are the food and other products‚ such as baby products and women’s underwear. Customer Services:- M&S has high reputation
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Marks and Spencer Report The retail industry is a very dynamic and fast changing sector as it is constantly trying to appeal to customers and compete with competition. It is regarded as highly commercial; driven by sales and profit. It is vital to monitor performance; the strengths and weaknesses as well as what the competitors are getting up to. Moreover‚ with constant changes of demand; customers expect new innovative products and services. Therefore‚ it becomes the company’s responsibility
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Marks & Spencer’s By Marks & Spencer’s is a nationwide business meaning that they have branches throughout the UK; they are also a profit making business. The purpose of Marks & Spencer’s as a company is to make profit by providing a product or a service. Marks & Spencer’s aims are too; Design appealing products for its customers‚ Innovate products‚ sell at prices that their customers are prepared to pay. One of Their short term objectives could be to appeal to the younger members of the
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Q1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Ans. The four companies shown given in the case have very different business models. Inditex owned much of the production and most of its stores. Inditex is thus a vertically integrated company. This gave Inditex a competitive advantage‚ which is quick response to the market requirements
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Zara Case Study Main Problems Zara need to adapt their strategy to ensure future stability in meeting the demands of a larger customer base. The problems that they need to address are as follows; Rapid Organic growth outside of Spain – Zara have shifted focus into expanding overseas‚ specifically the Asia region. According to Exhibit 8‚ 120 new Zara stores were opened outside of Spain in 2010. Despite the current centralized distribution model working well and at below capacity‚ continuous rapid
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Marks and Spencer Ltd Company Overview + Status * M&S had grown to be the largest and most profitable retail organization in the UK. * products: selective range of textiles‚ housewares‚ footwear‚ and food items aimed at rapid turn-over under private St. Michael label. * Textile: women/men/children’s clothing; 48% of sales; 55% of profits * Food: produce‚ meat‚ prepared foods‚ French wines; 40% of sales; 55% of profits * Others: floor coverings‚ footwear‚ etc…
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middle-aged mother buys clothes at the Zara chain because they are cheap‚ while her daughter aged in the mid-20s buys Zara clothing because it is fashionable. Clearly‚ Zara is riding two of the winning retail trends - being in fashion and low prices - and making a very effective combination out of it. Much talked about‚ especially since its parent company’s IPO in 2001‚ often admired‚ sometimes reviled‚ but hardly ever ignored‚ Zara has been an interesting case study for many other retailers and fashion
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Supply Chain Management Strategy of the Retail Brand Zara Executive Summary The purpose of this report is to understand and analyze fashion retail brand Zara’s secret behind its successful supply chain management. Zara has been the pioneer in agile supply chain management and for popularizing the trend of fast moving fashion. Therefore‚ with the help of this example‚ agile distribution management has also been discussed in this paper. Additionally‚ computer hardware brand Dell and Australia’s leading
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CASE STUDY Zara The case describes how Zara‚ operating out of the Galician port of La Coruña in north-west Spain has managed to become a benchmark for speed and flexibility in the garment industry. The case offers an illustration of a fast-response global supply‚ production and retail network. In 2003 Zara was the only retailer that could deliver garments to its stores worldwide (507 in 33 countries) in just fifteen days after they were designed. It could do that because of its unique systems
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