Number of Marks & Spencer stores 2010-2022, by region
revenue figures from its international and UK-based operations.
Grocery ahead of clothing retail
As of March 2019, Marks and Spencer’s food segment has the largest share in the company’s sales revenue. Over the past five-year period, the balance between Marks and Spencer’s food and clothing business has turned 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 2020.
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 w=hich the coronavirus (COVID-19) pandemic is largely responsible, but even in the preceding years there has been a continual downwards trend.
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 2019, thereafter decreasing slightly to 1,035 stores in 2022. The number of international Marks & Spencer stores remains fairly level with minor fluctuations. A similar trend is also present in the Grocery ahead of clothing retail
As of March 2019, Marks and Spencer’s food segment has the largest share in the company’s sales revenue. Over the past five-year period, the balance between Marks and Spencer’s food and clothing business has turned 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 2020.
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 w=hich the coronavirus (COVID-19) pandemic is largely responsible, but even in the preceding years there has been a continual downwards trend.