Marks & Spencer wants to increase foreign expansion | RetailDetail

Marks & Spencer wants to increase foreign expansion

Marks & Spencer wants to increase foreign expansion

Marks & Spencer has revealed its foreign (i.e. everything outside of the UK) strategy during a presentation in Paris. The main goal of the British chain is further expansion outside the UK.

International multichannel retailer

Marks & Spencer aims to reposition itself from a traditional British retailer to an international multichannel retailer. It hopes to grow its international presence, mostly in markets it has already penetrated like Europe and Asia, as well as its like-for-like United Kingdom turnover. 


Western European growth will be created through additional stores and the further expansion of its online opportunities. The Marks & Spencer store in The Hague is considered to be a blueprint for future stores as it has already welcomed 350,000 people since it launched in February.


40 % additional profit 

By 2016/2017, M&S wants to get a 300 million euro turnover in Western Europe (excluding Spain and Italy) and the international market has to get a 25 % turnover increase, while international profit has to increase 40 %. To achieve that, 250 new stores will contribute to the bottom line, 60 % of which will be franchise stores.


Marks & Spencer will consider its options to introduce daily deliveries of fresh food to stores in parts of Europe, with Belgium, the Netherlands and Northern France as main targets. Stores in other parts of Western Europe would have to wait an additional day for their deliveries.

Questions or comments? Please feel free to contact the editors

German Otto Group continues to soar


German online company Otto Group saw its turnover grow 10.9 % to 7.76 billion euro in the past fiscal year. The former mail order company will continue to invest in start-ups and technology.

Decent profit increase for


Chinese online retailer has grown strongly in 2017: turnover grew nearly 50 % and it was profitable again. The company also expects to exceed a 30 % growth pace in 2018’s first quarter.

Rakuten ditches Priceminister brand


Rakuten has decided to get rid of its French brand Priceminister and absorb it into Rakuten, similar to what it did tot British acquires Eastern European competitors


Fast food supplier acquired its Bulgarian competitor BGmenu and its Romanian competitor Oliviera in yet another step towards its goal of being the European market leader.

Colruyt joins PostNL's grocery service


The mailman will deliver groceries every two weeks from now on: PostNL will collaborate with new grocery service Stockon in the Netherlands. A remarkable fact is that its private label brands are Boni, which is Belgian supermarket chain Colruyt’s private label.

Strong growth for Chinese e-commerce once again


There was another strong increase in the Chinese online market last year: compared to 2016, it achieved an astonishing 32 % growth. In that regard, China is performing exceptionally online.

Back to top