History of Marks and Spencer / M&S
Marks and Spencer, commonly known as M&S, traces its origins back to 1884 when Michael Marks, a Polish refugee, opened a market stall in Leeds, England. In 1894, he formed a partnership with Thomas Spencer, leading to the birth of Marks and Spencer. The company gradually expanded its offerings, focusing on quality goods at affordable prices. Over the years, M&S became synonymous with British retail excellence, pioneering innovations such as the introduction of the penny bazaar and the development of ready-made meals. It grew into a retail powerhouse, with a strong presence both in the UK and internationally. Despite facing challenges in recent years, including shifts in consumer behavior and increased competition, Marks and Spencer remains an iconic brand deeply ingrained in British retail history.