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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.

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