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 UNITED KINGDOM FRANCHISE NEWS ARCHIVE
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: : Nov/Dec 2001
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Marks & Spencer enters Indian market. It may be cutting
back in Britain and Europe, but Marks & Spencer is expanding in India.
.... [more]
12 Dec, 2001
M&S moves to shore up customer loyalty. In a radical
break with tradition, Marks & Spencer is planning to launch a branded
credit card and loyalty scheme to keep shoppers coming back to its
stores. .... [more]
5 Dec, 2001
M&S raises £325m from securitisation. Marks & Spencer
is this week expected to announce a £325m fundraising by issuing bonds
backed by a portfolio of stores. .... [more]
3 Dec, 2001
Hotels hit by worst slump in 30 years. Britain's
hotels are expecting their worst slump for more than 30 years as fears
of terrorism add to the losses resulting from the foot and mouth epidemic,
according to consultancy firm PricewaterhouseCoopers. .... [more]
30 Nov, 2001
Compass to franchise Travelodge chain. Compass
Group, the world's biggest foodservice company, is to franchise its
Travelodge budget hotel chain in a move that could see development
of the brand overseas. .... 26 Nov, 2001
M&S sheds American menswear. Marks & Spencer's
adventures in American menswear came to an ignominious end yesterday
when it sold its Brooks Brothers chain for £160m - less than a third
of the price it paid for the business 13 years ago. .... [more]
24 Nov, 2001
M&S recovery plan sends shares to 12-month high.
Marks & Spencer is planning to boost its financial services division
while also expanding its food business with a trial of convenience
stores at major railway stations, the company said yesterday. ....
[more]
17 Nov, 2001
Top job split on cards for M&S. Marks & Spencer
boss Luc Vandevelde has fuelled speculation that he is to step down
as chief executive, but stay on as company chairman, in comments over
the weekend. .... [more]
12 Nov, 2001
Marks & Spencer announces rise in profits for first half
of the year. Struggling retailer Marks & Spencer PLC has announced
a 20 percent rise in profits for the first half of the year, but acknowledged
that it still faced an uncertain future. .... [more]
6 Nov, 2001
Marks & Spencer sells Spanish stores. Marks &
Spencer has sold its nine Spanish outlets to Spain's largest retail
chain El Corte Ingles. .... [more]
2 Nov, 2001
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