View Marks and Spencer Details
Marks and Spencer Logo
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Author : Jones
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Link : www.marksandspencer.com
Description :
Mark & Spencer company was founded by a partnership between Michael Marks, a Litvak Jew from Slonim, Poland, and Thomas Spencer, a cashier from Yorkshire. On his arrival in England, Marks worked for a company in Leeds, called Barran, which employed refugees. In 1884 he met Isaac Dewhurst, the owner of a Leeds warehouse, which resulted in him opening his own stall on Kirkgate Market, in Leeds.
The next few years saw Michael Marks open market stalls in many locations around the North West of England. In 1894, Thomas Spencer invested in Marks' activities and they opened their first store, in partnership, at 20, Cheetham Hill Road, Manchester.
Marks and Spencer, known colloquially as "Marks and Sparks", "Markies", or "M&S", made its reputation in the early 20th century on a policy of only selling British-made goods.
The St Michael honours Michael Marks. It also accepted the return of unwanted items, giving a full cash refund if the receipt was shown, no matter how long ago the product was purchased, which was unusual for the time.It adopted a 90-day returns policy in 2005 but on 12 April 2009 the refund policy changed once again to 35 days.
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