MARKS & SPENCER SAYS IT STAYS LOYAL TO KINGS

LONDON (FNS) -- Marks & Spencer has reinforced its commitment to keeping Kings Super Markets, West Caldwell, N.J., in the face of continuing reports that a sale is possible.In discussing plans for the U.S. retailer, Marks & Spencer also disclosed plans for a new Kings format.The reports of a possible sale of Kings have been stirred by Marks & Spencer's difficulties in food and apparel in its core

LONDON (FNS) -- Marks & Spencer has reinforced its commitment to keeping Kings Super Markets, West Caldwell, N.J., in the face of continuing reports that a sale is possible.

In discussing plans for the U.S. retailer, Marks & Spencer also disclosed plans for a new Kings format.

The reports of a possible sale of Kings have been stirred by Marks & Spencer's difficulties in food and apparel in its core U.K. market. Some financial analysts have called for the retailer t

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