Banbury Gateway Shopping Park, England, UK
Banbury Gateway Shopping Park opened in 2015 with 14 leading high street retailers including popular food and drink outlets, creating a major new fashion and shopping destination in the region.
The mix of retailers at Banbury Gateway Shopping Park have provided a fashion offering to suit every style from chic to country casual, party wear to work wear or loungewear to athletic. The food and drink offering includes a McDonald’s restaurant with a drive-thru, Starbucks, M&S Café and Ed’s Easy Diner-the first outlet of the retro-American Diner to open in the area. Together the fashion, wider shopping and food and drink make for a great day out.
Banbury Gateway Shopping Park is exceptionally well-connected located just off Junction 11 of the M40 on the A422. The park has 600 free car parking spaces and is just two miles from Banbury town centre, while Oxford, Daventry and Towbridge are within easy reach. A regular shuttle bus runs between Banbury Town Centre and Banbury Gateway.
The store is a branch of Marks & Spencer (also known as M&S) which is a major British multinational retailer headquartered in the City of Westminster, London. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
It specialises in the selling of clothing, home products and luxury food products. M&S was founded in 1884 by Michael Marks and Thomas Spencer in Leeds. The company also began to sell branded goods like Kellogg's Corn Flakes in November 2008.
In 1998, the company became the first British retailer to make a pre-tax profit of over £1 billion, although subsequently it went into a sudden slump, which took the company, its shareholders, who included hundreds of thousands of small investors, and nearly all retail analysts and business journalists, by surprise. In November 2009, it was announced that Marc Bolland, formerly of Morrisons, would take over as chief executive from executive chairman Stuart Rose in early 2010; Rose remained in the role of non-executive chairman until he was replaced by Robert Swannell in January 2011.
M&S have 852 stores throughout the UK, as well as many international stores; 52 stores in India, 48 stores in Turkey, 37 in Russia, 27 in Greece, 17 in Ireland, 14 in France, 11 in Poland, 6 in Hungary and Finland and 5 in Spain.
In recent years its clothing sales have fallen whilst food sales have increased after the axing of "St. Michael's" naming for their own brand.