& Spencer will create around 1,000 jobs by opening 20 new food stores.
planned are two standalone home stores, due to be piloted in two locations in
home stores will be around 70,000 sq ft, probably in out-of-town locations,
according to Roger Holmes, managing director of UK retailing.
planned new stores follow Marks & Spencer announcing a 30 per cent rise in
profits for the 12 months to March 2002 were £646.7m, up from £494.8m the year
before and comfortably ahead of most analysts’ expectations.