Annual report and financial statements 2008

About M&S

We are one of the UK’s leading retailers, with over 21 million people visiting our stores each week. We offer stylish, high quality, great value clothing and home products, as well as outstanding quality foods, responsibly sourced from around 2,000 suppliers globally. We employ over 75,000 people in the UK and abroad, and have 622 UK stores, as well as an expanding international business.

 

Total group sales

£9,022m

Clothing and Home

UK sales (excluding VAT)

£4,059m (+1.4%)

Yellow Autograph Dress

We are the UK’s largest clothing retailer with a value market share of 11.0% and volume market share of 11.2% (source: TNS Worldpanel) and sales accounting for 48.9% of our UK business.

 

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Food

UK sales (excluding VAT)

£4,250m (+6.9%)

Salmon Primavera

Food accounts for 51.1% of our UK business and we have a market share of 4.3% (source: TNS Worldpanel). We opened 98 Simply Food stores growing our portfolio to 299 across the UK, including franchised stores in BP Connect forecourts, motorway service stations, railway stations and airports.

 

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International

sales (excluding VAT)

£713m (+16.8%)

M&S store, Lithuania

Our International business accounts for 7.9% of Group turnover and has grown to 278 stores in 39 territories globally. During the year, we entered 4 new territories and opened 38 new stores.

 

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