Marks and Spencer says to enter Egyptian market

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British clothing-to-food retailer Marks and Spencer on Wednesday announced plans to enter the Egyptian market by opening two stores in Cairo by 2012.

"Marks & Spencer today announces plans to open its first store in the Dandy Mega Mall in Cairo later this year -- the first time the retailer will enter into the Egyptian market, in conjunction with its franchise partner Al Futtaim," the iconic British group said in a statement.

© 2010 AFP

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