Back
News

Marks and Spencer pumps investment into stores as earnings top £1bn

Marks and Spencer vowed yesterday to continue investing in its stores after it reported record earnings of £1bn.

This year it said it planned to create 1,700 jobs, on top of the 1,700 created last year. Last year, it increased sales space by 46,729 sq m (503,000 sq ft). M&S is aiming to double its number of stores in Europe to 70.

  • Financial Times 21/05/97 page 32, page 30 (Lex)
  • The Daily Telegraph 21/05/97 page 29, page 30 (Questor)
  • The Times 21/05/97 page 29, page 31 (Commentary), page 32 (Stock Market)
  • The Guardian 21/05/97 page 19
  • The Independent 21/05/97 page 23, page 25 (The Investment Column), page 27 (People and Business)

Up next…