Outlook report for Marks & Spencer Essay Example | Topics and Well Written Essays - 2500 words

Outlook report for Marks & Spencer - Essay ExampleOn the other hand, the market parcel of Marks & Spenser in Food is 3.9 percent.1 Marks & Spenser Food retailer is considered as one of the UKs leading high-quality sustenance provider. The company is offering fresh produce, groceries, energetic and partly prepared food. Today the company has total 668 stores throughout UK, out of which 156 are simply food wholly owned outlets and 182 are simple food franchises. In order to evaluate the factors based on which Marks & Spenser Food Retailer has been able to sustain its brand name as a value-creating brand, an watch of Marks & Spenser has been presented here. This outlook will evaluate the various challenges and prospects for the company during the last few years.In spite of the cultural differences, Marks & Spenser Food has been able to extend very efficiently in terms of macroeconomic policies. The company has been able to expand by building strong relationships with other countrie s. However, during the last few years, because of the worsen macroeconomic conditions, the governments of various states have been introducing different policies, which have stirred the operations of Marks & Spenser and other food retailers.The economic conditions and the recession have negatively affected the operations and balance sheet strength of Marks & Spenser. According to the annual reports of Marks & Spenser, in the year 2009, the company has to reduce its dividends by 20.9 percent. The Chairman Sir Stuart has excessively reported in the annual report that the decision of cutting dividends have been taken because of two reasons first, economic conditions of the company and second, the need of the company to retain financial strength and flexibility. Moreover, the profits of the company have declined by 40.0 percent because of the conditions on High Street and the important decision of the company to improve quality and value.The brotherly needs of the