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Marks & Spencer

Food, clothing and home retail · United Kingdom

Marks & Spencer is a British retailer that sells its own-brand food, clothing, beauty and homeware through 1,059 UK stores and online, owns half of the Ocado.com online supermarket, and reaches 70 more countries through franchise partners.

What makes it different

Half of Ocado's online supermarket belongs to M&S.

50%Stake in Ocado RetailFY2025/26

Since April 2025 M&S has consolidated Ocado Retail, which adds almost a fifth of its revenue without a single M&S store.

How big it is

How big is Marks & Spencer?

£17.3BRevenue2025/26
1,059UK stores2025/26
73,301Employees2025/26
How it makes money 2025/26

Food brings more than half of revenue.

  • Food56%£9.7B
  • Fashion, Home & Beauty22%£3.8B
  • Ocado Retail19%£3.2B
  • International3%£0.5B
How the business works

Design own brand. Sell everywhere. Feed Ocado.

  1. 1Own-brand food and fashion
  2. 2Stores, app and franchises
  3. 3Groceries via Ocado.com

Almost everything is M&S own brand, so the margin stays with M&S, and long-term supplier deals let it invest in quality instead of chasing branded-goods prices.

Who owns it
  • BlackRock, Inc.6.22%
  • Ameriprise Financial, Inc.4.978%
  • RWC Asset Management LLP4.937%

CEO: Stuart Machin

Who it competes with
TescoSSainsbury'sNNextPrimarkH&MWWaitrose
Key moments
  1. 1884Michael Marks opens a Penny Bazaar in Leeds
  2. 1894Tom Spencer joins: Marks & Spencer is born
  3. 1926First clothing ranges
  4. 1928St Michael trademark introduced
  5. 1931Food department launched
Sources

Every number on this page comes from Marks & Spencer's own reports.

Full profile

The rest of the story is in the app.

What Marks & Spencer tracks22 metrics
UK stores
Food market share
Fashion, Home & Beauty market share
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
The full timeline19 moments
2017
2022
2026
Marks & Spencer vs Tescoside by side
Revenue
Profit
People
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