M&S to Launch Food-Only Markets in Prague

The British chain already sells more food than clothing at some Czech locations, and Simply Food supermarkets are on the horizon

Dave Park

Written by Dave Park Published on 08.08.2016 16:14:30 (updated on 08.08.2016) Reading time: 1 minute

Daily News

In 2015, British retailer Marks & Spencer made a big turnaround in the Czech Republic, posting a year of profit after four straight in the red.

A big part of that has been the expansion of specialized food sections since first being rolled out at the Wenceslas Square location a few years back.

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Despite being confined to a small percentage of the retail space at most M&S stores in the Czech Republic, at locations like Nový Smíchov, food & beverage now outsells clothing.

And now, the retailer plans to bring food-only supermarkets to the Czech Republic, according to a recent interview with Czech marketing manager Zdeněk Hašek in Hospodářské noviny’s Marketing & Media publication. 

“Our priority now is to open Simply Food Stores by M&S, i.e. specialized food stores,” Hašek said.  

“Currently, we are searching for suitable locations.”

In the UK, the company’s food & beverage typically outsells clothing in a 60-40 ratio. With the addition of Simply Food stores in the local market, the company looks to bring that trend to the Czech Republic. 

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