Marks & Spencer opens 6th M&S Food in Paris | RetailDetail

Marks & Spencer opens 6th M&S Food in Paris

Marks & Spencer opens 6th M&S Food in Paris

Marks & Spencer has just opened its 6th M&S Food store in Paris, close to the Galeries Lafayette. The 300 sqm store is Marks & Spencer's 11th store on the Ile-de-France.

 Company performs well in France

"We are very happy with our performance in France. We sell as much per square meter as we do in England", Jill Bruce (head of food business development) says.

 

The food branch has become strategically more important for the British company: 55 % of total turnover in Great Britain comes from the nearly 600 neighbourhood food stores (420 of those are Simply Food stores). In total, it has 800 stores.

 

Some items even sell better in France than in Great Britain, like lemon curd, Indian recipes and even items that are typically British, like the limited edition items celebrating the 60 year anniversary of Queen Elizabeth II or Prince George's baptism.

 

By 2017, the chain wants to open 20 stores in Paris. Jill Bruce also wants to open 6 new M&S Food stores, one of which will open in April in the RER train station of Châtelet-les-Halles in Paris, taking the place of a Monop' store. Another one will open in the Lille Flandres station, by the end of the year.

Questions or comments? Please feel free to contact the editors


Adidas wants to strengthen bond with small retailers

15/07/2018

German sportswear giant Adidas says it wants to strengthen its bond with small-scale retailers after they claimed Adidas is too aggressive in pushing its web shop, especially as they feel the brand is favouring large international chains as well.

Several candidates to take over Men at Work

12/07/2018

There are several takeover candidates for both the Dutch and the Belgian stores of the bankrupt clothing chain Men at work. The curator is confident an agreement should be reached today in Belgium.

Burberry sales increases thanks to new strategy

11/07/2018

The new strategy of the British fashion brand Burberry starts to render: the company had a 3% increase of revenue in their own stores last quarter. In total, Burberry has now a revenue of 479 million pounds (520 million euros).

FNG moves to Brussels stock exchange

06/07/2018

Belgian fashion group FNG has collected 60 million euros by issuing new shares. The new shares will be traded on the Amsterdam Stock Exchange and - for the first time - on the Brussels Stock Exchange as well.

Athleteshop ends its run

02/07/2018

Dutch sports web shop Athleteshop has filed for bankruptcy, after an abysmal year in which strings of complaints led to all sorts of problems. Social media and review sites were flooded with customers complaining about late deliveries.

Alibaba goes Turkish with stake in Trendyol

29/06/2018

Alibaba is the new strategic partner of Trendyol, one of the best-known e-commerce companies in Turkey. With this partnership, the Chinese retailgroup strengthens its presence in Europe.