Marks & Spencer in UAE
Marks & Spencer in UAE: Local Profile and
Global Analysis
Reference code: RT0101LP
Published: June 2011
Marks & Spencer in UAE: Local Profile and Global Analysis Page 1
Marks & Spencer in UAE
TABLE OF CONTENTS
1 Introduction ........................................................................................................................... 6
1.1 What is this Report About? ............................................................................................................... 6
1.2 Scope ............................................................................................................................................... 6
2 Marks & Spencer UAE - Company Profile .......................................................................... 7
2.1 Company Overview .......................................................................................................................... 7
2.2 Business Description ........................................................................................................................ 7
2.3 Major Local News ............................................................................................................................. 8
2.4 Key Employees ................................................................................................................................ 9
2.5 Major Local Competitors ................................................................................................................ 10
2.5.1 EMKE Group ............................................................................................................................................. 10
2.5.2 Abu Dhabi Co-Operative Society .............................................................................................................. 12
3 Marks and Spencer Group plc - Business Analysis ......................................................... 13
3.1 Company Overview ........................................................................................................................ 13
3.2 Business Description ...................................................................................................................... 13
3.3 Major Products and Services.......................................................................................................... 15
4 Marks and Spencer Group plc - Analysis of Key Performance Indicators ..................... 16
4.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators..................... 16
5 Marks and Spencer Group Plc. - Operational Performance Analysis ............................. 18
5.1 Retail Space & Store Analysis ........................................................................................................ 18
5.1.1 Retail Space Analysis ............................................................................................................................... 18
5.1.2 Sales per Store Analysis ........................................................................................................................... 19
5.2 Operational Efficiency Competitive Benchmarks ............................................................................ 20
5.2.1 Sales per Square Meter ............................................................................................................................ 20
5.2.2 Operating Profit per Square Meter ............................................................................................................ 21
5.2.3 Revenue per Employee............................................................................................................................. 22
5.2.4 Operating Profit per Employee .................................................................................................................. 23
5.2.5 Number of Employees per 1,000 Square Meters ..................................................................................... 24
5.2.6 Operating Margin ...................................................................................................................................... 25
5.2.7 Inventory Turnover .................................................................................................................................... 26
5.2.8 Fixed Asset Turnover ................................................................................................................................ 27
5.2.9 Total Asset Turnover Ratio ....................................................................................................................... 28
5.3 Growth Performance Competitive Benchmarks .............................................................................. 29
5.3.1 Revenue Growth Analysis ......................................................................................................................... 29
5.3.2 EBITDA Growth Analysis .......................................................................................................................... 29
5.3.3 Total Asset Growth Analysis ..................................................................................................................... 30
5.3.4 Growth in Store Numbers.......................................................................................................................... 31
5.3.5 Growth in Floor Area ................................................................................................................................. 32
5.4 Scale of Operations Competitive Benchmarks................................................................................ 33
5.4.1 Retail Floor Space..................................................................................................................................... 33
5.4.2 Store Numbers .......................................................................................................................................... 34
5.4.3 Number of Employees............................................................................................................................... 35
5.4.4 Total Revenues ......................................................................................................................................... 36
5.4.5 Total Assets .............................................................................................................................................. 37
6 Marks and Spencer Group plc - Mergers & Acquisitions and Partnerships .................. 38
6.1 M&A and Partnerships Strategy ..................................................................................................... 38
7 Marks and Spencer Group plc - Recent Developments ................................................... 43
8 Marks and Spencer Group plc - SWOT Analysis .............................................................. 45