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According to the news source, the 14,000sqft new retail outlet will offer a range of clothing, homewear and biscuits and cakes. However, it will not sell fresh food. Also, Marks & Spencer is planning to franchise the Marbella store to its long-term partner York Limited. Previously, Marks & Spencer opened its shop in Spain in 1990, and expanded to nine stores across the country. However, in 2001, it sold all its shops for a reported amount of E150 million to El Corte Ingles, a department store chain in Spain. The Times quoted Clem Constantine, director of international at Marks & Spencer, as saying: "We're delighted to be opening a new store in Marbella this fall. We've had a successful franchise partnership with York Limited for over 40 years in Gibraltar and feel this is an excellent opportunity for us to offer our high-quality, good-value products to both the local and expat population in Marbella." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon For full details for MASPY click here.
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