|Died||25 July 1905 53) (aged|
|Occupation||Retail businessman and company co-founder|
|Known for||Co-founder of retail company, Marks & Spencer|
Agnes Spencer Whitfield
Thomas Spencer (7 November 1851 – 25 July 1905) was an English businessman, known for being the co-founder with Michael Marks of Marks & Spencer, a major British retailer.
Spencer was born on 7 November 1851 in Skipton, Yorkshire.He moved to Leeds before he was 21 and worked as a book-keeper for a wholesale company started by Isaac Jowitt Dewhirst.
Michael Marks met Spencer when he was loaned money by Dewhirst to run his stalls in Leeds.In 1894, when Marks had opened a permanent store in Leeds market he invited Spencer to become a partner in what became Marks & Spencer. Spencer decided that the £300 required for a half-share in the business would be a good investment.
The running of the business was split between Spencer, who managed the office and warehouse, and Marks, who continued to run the market stalls. Spencer had developed some important contacts while working for Isaac Dewhirst and these allowed him to get the best prices for goods by dealing directly with the manufacturers.
In 1903, Marks & Spencer became a limited company: Spencer retired later that year.
Spencer met and married Agnes Spencer Whitfield at St Saviour, Cross Green, Leeds, in 1892.Whitfield was born in the village of Marton, now a part of Middlesbrough. Together they had a son named Thomas Spencer Jr.
Spencer died on 25 July 1905, in Whittington, Staffordshire. His wife continued to fund charitable work such as the Church of St Agnes in Easterside, Middlesbrough, after his death, and died in 1959, now buried in the graveyard of St Cuthbert's Parish Church in Marton.
Wetherby is a market town and civil parish within the City of Leeds metropolitan borough, in West Yorkshire, England, close to the county's border with North Yorkshire and lies approximately 12 miles from Leeds City Centre, 12 mi (19 km) from York and 8 mi (13 km) from Harrogate. The town stands on the River Wharfe, and for centuries has been a crossing place and staging post on the Great North Road midway between London and Edinburgh.
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Marks and Spencer Group plc is a major British multinational retailer with headquarters in London, England, that specialises in selling clothing, home products and food products. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index, having previously been in the FTSE 100 Index from its creation until 2019.
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Simon Marks, 1st Baron Marks of Broughton, was an English retail businessman and baron, the son of Michael Marks, the co-founder of major British multinational company Marks & Spencer.
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Michael Marks was a Polish-British businessman and entrepreneur, who with Thomas Spencer co-founded the British retail chain Marks & Spencer.
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Bolckow, Vaughan & Co., Ltd was an English ironmaking and mining company founded in 1864, based on the partnership since 1840 of its two founders, Henry Bolckow and John Vaughan. The firm drove the dramatic growth of Middlesbrough and the production of coal and iron in the north-east of England in the 19th century. The two founding partners had an exceptionally close working relationship which lasted until Vaughan's death.
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