Marks & Spencer is a British retailer with over 800 stores in more than 30 countries around the world. It is one of largest clothing retailers in the UK, as well as being one of the largest food retailers, competing with “Big brand names” such as ASDA, Tesco, Lidl and Aldi. Marks and Spencer’s is also the first British Retailer to make a “pre-tax profit of over £1 billion” (- BBC News online 1998), it is because of the businesses major success the company is able to stay in a position to compete with the big companies.
Political –
The government sets regulations for companies to abide by such as Health ; Safety British Standards such as, planning for hazard identification, risk assessment and risk control. If companies do not abide by these regulations they will be fined or even in some cases be forced to close down. Marks ; Spencer did not abide by the British Standards as they were charged for neglecting health ; safety regulations after a door fell on an employee. George Blair was allegedly injured after a warehouse door in their store at Braehead, near Glasgow was left hanging on loose fixtures. Marks ; Spencer are alleged to have ignored repair requests, allowing the door to fall into disrepair. Marks ; Spencer pled not guilty to this; there is still no outcome of this trial.
Environmental – With the current environmental climate as it stands, issues are being promoted daily on the television, in magazines and newspapers and on the radio. All companies, industries and organizations are being pressured to change their ways when it comes to the materials they use and how they manufacture. Marks ; Spencer have established their own Green Policy which they call “Plan A” The chief executive of Marks ; Spencer states that it is called this because there is no “Plan B”. Marks ; Spencer has today announced a 100-point five-year plan to re-engineer itself to become a carbon neutral, zero-waste-to-landfill, ethical-trading, sustainable-sourcing, health-promoting business. “BBC News January 2007”