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The centre began as a joint development between Edinburgh Council, Marks and Spencer and Asda, although by the time of opening, Asda was replaced by Safeway. In 1997, Gyle was purchased outright by Marks and Spencer, who then sold the centre to USS in March 2000. [8] Ownership of the centre changed again in late 2020 or early 2021.
Marks & Spencer owns 51 stores in Turkey as of 2022. Fiba Retail is the sole agent authorised to open Marks & Spencer stores in Turkey and Ukraine region. [134] Stores in the territories of Hong Kong and Macau were sold in early 2018 to Al-Futtaim Group, a Dubai-based long-term franchise partner. [135] [136]
In 2000, the company shifted to the Marks & Spencer brand. The St Michael name was subsequently adopted as a 'quality guarantee' and appeared for a time as the St Michael Quality Promise on the back of food products, on the side of delivery vehicles and on in-store ordering receipts.
Braehead is also home to Glasgow's IKEA store, which opened in September 2001 [18] and sits near the King George V Dock. At 29,000 m 2 (310,000 sq ft), [ 18 ] it is the largest IKEA store in Scotland and at the time of opening was the largest in the United Kingdom.
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Marks & Spencer had agreed to become tenants of a store at Merry Hill during the summer of 1989, but had hoped to keep their Dudley and West Bromwich stores open alongside it; however the declining trade in these towns led to both stores being closed on 25 August 1990, some two months before the Merry Hill store opened.
It also owns a 50% share in the UK retail business, Ocado.com (the other 50% is owned by UK retailer Marks & Spencer). [30] In 2023, the retail business accounted for around 90% of group revenue. [28] Since 2014, Ocado has supported Code For Life, a not-for-profit organisation which helps children learn computer programming. [31]
This store became the centre of an enterprise that, by then, included thirty-six branches. New stores had been built in Bradford, Leicester, Northampton, Preston, and Swansea. London had a total of seven branches. On 5 May 1897 Marks was naturalised as a British subject. In 1903 Marks & Spencer became a limited company. Spencer's original £300 ...