BUSINESSWEEK ONLINE : OCTOBER 18, 1999 ISSUE
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INTERNATIONAL -- EUROPEAN BUSINESS How to Rekindle the Flame HIRE A CHAIRMAN Nearly a year after Sir Richard Greenbury opted for early retirement, Marks & Spencer's top post remains vacant. GET BACK TO BASICS Selling food, furniture, and toys has undermined the company's long-standing St. Michael's clothing brand. STREAMLINE GLOBALLY Targeting fewer countries and tailoring merchandise to local tastes could help cut overseas losses, which hit $126 million last year. ACCEPT OTHER CREDIT CARDS Although many of its customers are foreign, M&S accepts only cash or its own card. Ending this ban is critical to the company's plan to expand into e-commerce for this year's Christmas shopping. DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS Jolly Few Sparks at Marks & Spencer (int'l edition) TABLE: How to Rekindle the Flame INTERACT E-Mail to Business Week Online

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