M&S checks out of US supermarket business

Marks & Spencer put the finishing touches to its restructuring today by selling US supermarkets business Kings for £35.4m (€51m).

M&S checks out of US supermarket business
Fri, 31 Mar, 2006 - 09:53

Marks & Spencer put the finishing touches to its restructuring today by selling US supermarkets business Kings for £35.4m (€51m).

The New Jersey-based chain, which operates 26 stores, was acquired by M&S in 1988 but is no longer seen as a core part of the business.

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