Number of Marks & Spencer stores 2010-2023, by region
Marks & Spencer is one of the United Kingdom’s leading retail groups with a combined focus on clothing and food, and it operates both internationally and across the United Kingdom (UK). As shown in this statistic, The number of UK stores peaked in 2023, at 1,064 stores. The number of international Marks & Spencer stores however, fell to its lowest level since 2012. Nevertheless revenue figures from the company's international and UK-based operations both increased in financial year 2023.
Grocery ahead of clothing retail
Over the past years, the balance between Marks and Spencer’s business segments has turned from home and clothing in favor of food. As its grocery market business outweighed general merchandise retail, Marks and Spencer ranked as one of the most popular supermarkets amongst UK consumers in 2022.
Clothing and home retail go down
By contrast, the revenue Marks and Spencer generated from clothing and home has decreased considerably over time. Figures reached a new low in 2020, for which the coronavirus (COVID-19) pandemic is largely responsible, but even in the preceding years there has been a continual downwards trend.
Grocery ahead of clothing retail
Over the past years, the balance between Marks and Spencer’s business segments has turned from home and clothing in favor of food. As its grocery market business outweighed general merchandise retail, Marks and Spencer ranked as one of the most popular supermarkets amongst UK consumers in 2022.
Clothing and home retail go down
By contrast, the revenue Marks and Spencer generated from clothing and home has decreased considerably over time. Figures reached a new low in 2020, for which the coronavirus (COVID-19) pandemic is largely responsible, but even in the preceding years there has been a continual downwards trend.
