Marks and Spencer to return to France this year
According to BBC News, famous British retailer Marks and Spencer is set to return to France this year, after a 10 year absence. They will open a 15,000 square foot store on the Champs-Elysées later this year. Article below.
1 April 2011 Last updated at 08:20 GMT
Marks and Spencer to return to French retail market
Marks and Spencer has announced it is to re-enter the French retail market, 10 years after shutting down all its European stores.
The company said it would open a 15,000 square foot store on the Champs-Elysées in Paris later this year.
M&S also said it was in talks with its partner SSP to launch a number of its Simply Food stores, under franchise, in Paris.
The retailer is also planning to launch an international online service.
M&S closed all its European stores in 2001 in order to focus on its core UK business.
“Marks and Spencer has great brand awareness here in France and a place in customers’ hearts,” said Marc Bolland, Marks and Spencer’s chief executive.
The new French store and website are expected to open ahead of the Christmas trading period.
M&S is the UK’s largest clothing retailer with a significant presence in the food market.