Marks & Spencer will celebrate its 125th birthday by offering a range of products for one penny next week.
For three days from next Wednesday, M&S will open a Penny Bazaar in all its main stores across the UK, which will sell 20 products including scarves, purses, knickers, cuff links, ties and socks, leather goods and other accessories. The limited amount of product will sell for 1p on a first come first served basis, and the money will go towards the M&S 125 Charity Challenge, which aims to raise £1.25 million for local and regional charities. One penny is the suggested minimum donation for the products at the Penny Bazaar.
M&S chairman Sir Stuart Rose, who will launch the Penny Bazaar at M&S’ flagship Marble Arch store on Oxford Street at 9am along with M&S model Twiggy, said the Penny Bazaars would take the business back to its roots.
Rose said: “M&S has now been at the heart of Britain for 125 years and we believe that this is something worth celebrating. It’s been a tough year for us all but people are fed up with being fed up, and we wanted to give our customers a real treat.”
“M&S started off life as a Penny Bazaar back in 1884, so what better way to share our birthday with our customers than offering them the chance to choose M&S products for just one penny? We’ve got two million one penny products available, but my best advice to our customers is to get to M&S stores as early as you can, as we are sure this is going to go down a storm.”
M&S customers will be able to buy up to five items, and the first shoppers will get a free peel and reveal card with the chance to win 700,000 prizes, including sixteen £12,500 jackpots.