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Marks & Spencer owns 51 stores in Turkey as of 2022. Fiba Retail is the sole agent authorised to open Marks & Spencer stores in Turkey and Ukraine region. [134] Stores in the territories of Hong Kong and Macau were sold in early 2018 to Al-Futtaim Group, a Dubai-based long-term franchise partner. [135] [136]
In 2008, Spencer's opened its largest store in India in the eastern Indian metropolis of Kolkata. The store spreads over 72,000 square feet (6,700 m 2 ) and is located in the South City Mall . During 2009 to 2016 it underwent consolidation by shutting down non-performing stores and the Company achieved break-even EBITDA by 2016.
In 2000, the company shifted to the Marks & Spencer brand. The St Michael name was subsequently adopted as a 'quality guarantee' and appeared for a time as the St Michael Quality Promise on the back of food products, on the side of delivery vehicles and on in-store ordering receipts.
The property originally belonged to Spencer & Co Ltd. Spencer & Co opened the first department store in the Indian subcontinent in 1895. It had over 80 individual departments. After a few years, Eugene Oakshott, owner of Spencer's, shifted the department store to a new building, which was an example of Indo-Saracenic style of architecture. The ...
The company was renamed Marks & Spencer Financial Services in 1988, and Marks & Spencer Unit Trust Management was established to provide unit trust funds the same year. In 1989, personal loans were introduced, followed by interest-free loans for M&S furniture purchases in 1991. [4]
Cyber hub is situated in the cyber city and consists of various clothing brands like Decathlon, Marks and Spencer, Nike, Skechers, The Body Shop, Chumbak, UNIQLO and a large bookshop called "The crossword". Not only clothing and stationery but the cyber hub complex also consists of a KIA MOTORS dealership.
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Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries.Founded in 2006, it is the largest retailer in India in terms of revenue. [5] Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs.