Initializing...

Top Retail Brands

Marks and Spencer to spread its wings pan India

British retailer Marks & Spencer, which has a joint venture with Mukesh Ambani-led Reliance Retail, is looking out to open 50 new stores in India in the next five years.


October 14, 2009  |  comments ( 8 )  | 
Marks and Spencer to spread its wings pan India

British retailer Marks & Spencer, which has a joint venture with Mukesh Ambani-led Reliance Retail, is looking out to open 50 new stores in India in the next five years. The JV between M&S and Reliance India Private Ltd already has 14 stores across India. In the joint venture, M&S has a 51 per cent stake while Reliance Retail, which is a part of Reliance Industries Group, has the rest. Marks & Spencer, after seeing a declining growth in its domestic market in the UK has plans of exploring possibilities in China, India and Eastern Europe. The retailer also announced overhauling of its website and e-commerce operation with a brand new look and a host of functions that will make the online shopping experience more satisfying.  


Related News


Comments

Please add your comment:

Rating   

Not readable? Change text.

Enter the characters as seen on the image (case insensitive)

Notify me of followup comments via e-mail

Subscribe for daily newsletter

Abhishek Bansal October 20, 2009 at 3:16 am

Sir, if u r also looking for Ludhiana(PB), then we would like to open your store in Ludhiana.

Reply | 

vikas saraf October 19, 2009 at 8:25 am

interested for frachisee in New Delhi and Mumbai.Please guide the way forward.

Reply | 

Tajuddin October 19, 2009 at 3:21 am

Kindly send details of outlet at Imphal, Manipur

Reply | 

PRATIK H SHAH October 16, 2009 at 12:06 am

PLS. PROVIDE YOUR REQUIREMENT [SPACE, FINANCE & STAFF,TERMS & CONDITION OF BUSSINESS FOR GETTING FRANCHISE OF MARKS & SPENCER FOR SURAT CITY OF GUJARAT STATES THANKS PRATIK SHAH

Reply | 

SACHIN H October 15, 2009 at 4:58 am

interested in franchise or leasing out the property in belgaum city,karnataka

Reply | 

k.l.Bhilwara October 15, 2009 at 12:31 am

kindly send details of outlet.at raipur.c.g.

Reply | 

Shyam More October 14, 2009 at 6:26 pm

looking for store in nasik. we can be in contact over mail

Reply | 

Mayur October 14, 2009 at 1:22 pm

are u recruiting for the marks n spencers? or is franchise available?

Reply |