Mackays Stores Limited · Paisley United Kingdom
Company Description
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Mackays Stores sells more than just your average mac (though it sells them, too). The UK retailer sells family clothing, lingerie, and housewares from about 270 locations in smaller towns in England, Scotland, and Wales. The value-priced fashion chain is expanding and converting all of its stores to the M&Co format (launched in 2003). M&Co was launched following the company's acquisition of the Laroque chain in 2003. The company has set a target of 310 stores, though has had difficulties reaching that number at the rate of expansion it has hoped for. The majority shareholder of Mackays Stores is its Chairman, Iain McGeoch, who retains 90% ownership. Mackays opened its first store at Clydebank in 1953. To read the full description, subscribe now.
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Key Mackays Stores Limited Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | February |
| Annual Sales (mil.) | $170.6 |
| Employees | 3,300 |
Mackays Stores Limited Executives
4 executives listed for Mackays Stores Limited's Paisley, location.
| Title | Name & Bio | Contact |
| Chairman and Chief Executive | Iain McGeoch | Network |
| Commerce Director | Matt McKimmie | Network |
| Merchandise Director | Nigel Bennett | Network |
Competition
Competitive Landscape for Mackays Stores Limited
Personal income and fashion trends drive demand for clothing. The profitability of individual companies depends heavily on effective merchandising and marketing. Large companies can offer wide selections of clothing and have advantages in purchasing, distribution, and marketing. Small stores can compete by offering unique merchandise, targeting a specific demographic, providing superior customer service, or serving a local market. The industry is labor-intensive: annual revenue per worker is about $130,000. Competition for the clothing store industry includes department stores, discount stores, and Internet and catalog retailers. To read the full description, subscribe now.Top Mackays Stores Limited Competitors
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