statement added that an announcement about his successor is not imminent (Rankine PG). Other recommendations suggested in order to turn thetroubled company around are:REPLACE MANAGEMENT Ousted CEO Peter Salsbury and two other top executives were fired, which was the fifth shakeup at Marks & Spencer in two years.IMPROVE IMAGE Spend $84 million to revamp stores by year end and $28 million on the company's first-ever advertising campaign.FOCUS ON HOME MARKET Shelve international expansion plans and probably sell U.S. clothing chain Brooks Brothers.EXPAND E-COMMERCESell online through partnerships with Microsoft Network, the BBC's beeb.com, and digital-television providers such as Telewest (Capel 35). A Marks & Spencer spokesman confirmed that its non-executive directors changed their minds over who should lead the company last autumn because of the huge changes within the business. Over the next five years the company is expanding its selling space by nearly a fifth in Britain and by forty percent in overseas markets (Rankine PG). By the year 2005, Marks & Spencer should once again be on the top of their category....
