Marks And Spencer By Minesh Patel

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Issue:

Business

 

Written by:

Rhonda E

 

Date added:

June 28, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1152

 

Was viewed:

8277 times

 

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Essay content:

However recently the group has been facing their worst times ever. The problems began at the start of this financial year (April 99). The problems to date so far include, their profits halved, they have lost some of their best directors, they are nearing to financial ruin, and yesterday they reported the sharpest profits decline in its history...
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These recent events have caused damage to Marks &Spencer s market, profitability and organisation. Market: Marks &Spencer have lost their summer season income due to poor timing, last years summer collections did not reach the stores until late august by when it was too late. This meant that customers had to go elsewhere to find the products that they needed...
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