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Category: Business
Word Count: 2663
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Financial Analysis of Marks & Spencer
     Introduction

For 115 years, Marks & Spencer has been well-known food and clothing chain in U.K. It has always been a profitable enterprise until 1998, the profit of Marks & Spencer has been dropped sharply. The low profit situation of Marks & Spencer can be partly explained by its huge expansion plans which including the Australian launch and the opening of another 60 stores in Europe. These expansion plans were expected to double its investment spend to 800 million pounds. However,

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