13 Mar, 2010 @ 09:00
1 min read

Marks and Spencer regret

LEAVING Spain ten years ago is a big regret for the long-serving boss of Marks and Spencer.

Chief executive Sir Stuart Rose sold all stores on the Spanish mainland for 150 million euros in 2001 but admits he made an error.

Sir Stuart closed all outlets in seven European countries for what he called internal “political not commercial” reasons.

But the British retailer opened its first Spanish store in eight years at the La Canada shopping centre in Marbella last year.

And it has also expanded its international delivery services allowing expats to order products online.

Jon Clarke (Publisher & Editor)

Jon Clarke is a Londoner who worked at the Daily Mail and Mail on Sunday as an investigative journalist before moving permanently to Spain in 2003 where he helped set up the Olive Press. He is the author of three books; Costa Killer, Dining Secrets of Andalucia and My Search for Madeleine.

Do you have a story? Contact newsdesk@theolivepress.es

2 Comments

  1. great news i live in the murcia area and there are lots of ex pats here that would love to have a m/s near hand.

    i would like to buy the nest of three glass tables from marks but you wont send them to me even although you say they are italian and so order them from italy and send them to me here in mazarron.

    regards Mary Gilmartin

  2. I believe the Cañada is a Franchise run by the Gib M&S….. used to go to the Madrid… where the food hall was great….. and it was busy… at least they own up to the mistake of closing them down… What about a BOOTS… a TESCO….. etc….

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