Annual report and financial statements 2008
- Home
- About us
- Chairman’s foreword
- Chief Executive’s statement
- Group Finance and Operations Director’s statement
- Building our brand
- Business review
- Financial review
- Governance
- Remuneration report
- Financial statements
- Shareholder information
A year in review
View the year’s highlights in this short movie
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%)
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.
Food
UK sales (excluding VAT)
£4,250m (+6.9%)
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.
International
sales (excluding VAT)
£713m (+16.8%)
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.
© 2008 Marks and Spencer plc