Marks & Spencer Vector Logo Download
Marks and Spencer is a British retailer headquartered in the City of Westminster, London, with over 700 stores in the United Kingdom and over 300 stores spread across more than 40 countries. It specializes in the selling of clothing and luxury food products. M&S was founded in 1884 by Michael Marks and Thomas Spencer in Leeds.
The company was founded by a partnership between Michael Marks, a Litvak Jew from Slonim, Poland, and Thomas Spencer, a cashier from Yorkshire. On his arrival in England, Marks worked for a company in Leeds, called Barran, which employed refugees.
Marks and Spencer, known colloquially as “Marks and Sparks”, “Markies”, or “M&S”, made its reputation in the early 20th century on a policy of only selling British-made goods (a policy eventually discontinued in 2002). It entered into long term relationships with British manufacturers, and sold clothes and food under the “St Michael” brand, that was introduced 1928.
The St Michael honours Michael Marks. It also accepted the return of unwanted items, giving a full cash refund if the receipt was shown, no matter how long ago the product was purchased, which was unusual for the time. It adopted a 90-day returns policy in 2005 but on 12 April 2009 the refund policy changed once again to 35 days.
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