Marks & Spencer Group PLC
MKS: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$D | LOCK|!Vk | LOCK|%vSMZb |
Marks & Spencer Should Continue to Take Share in the Competitive UK Grocery Environment
Business Strategy and Outlook
In a fiercely competitive UK marketplace, Marks & Spencer underperformed for the better part of a decade, highlighting the difficulty in developing competitive advantages in the apparel and grocery sectors. The 200-year-old firm is exposed to disruption from new players such as price-led discounters and online retailers. In 2016, a fresh transformational plan was implemented. Although slow initially, postpandemic progress has been material, with new management at the helm in 2022.
