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189:", was outdated and the company sales of clothing and household goods went into decline. Rayner restored the company by holding down costs and encouraging enterprise by employees. He also introduced strict financial controls, refurbishment of the larger stores and additional expansion. In 1988 under his control the company bought the
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He returned to M&S in 1982. In 1984, he became the first person from outside the founding families to become chief executive.
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His tight financial controls and strong management practices at M&S led to him working for the
British Government headed by
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Margaret
Thatcher: The Authorized Biography, Volume One: Not For Turning - Charles Moore - Google Books
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125:(30 March 1926 – 26 June 1998) was an English businessman, who was chairman and chief executive of
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on improving
Government efficiency, including reducing the number of meetings officials held.
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Rayner began working for M&S as a management trainee in 1953 at the company's store in
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Rayner was born in 1926, the son of George and Hilda Rayner. He was educated at
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for his government work and on 3 February 1983 he was created a
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402:"The Rise and Fall of M&S" - BBC report 28 September 2001
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462:Joint Managing Director of Marks & Spencer
317:"Lord Rayner, 72, Chief of Marks & Spencer"
157:throughout his life, with no known dependents.
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347:"Marks in Time" website includes picture
556:People educated at City College Norwich
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174:when the company's then chairman, Lord
363:"RAYNER, Baron, (Derek George Rayner)"
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314:Johnston, David Cay (12 July 1998).
561:20th-century English businesspeople
526:English businesspeople in retailing
511:Alumni of Selwyn College, Cambridge
566:Life peers created by Elizabeth II
521:Businesspeople awarded knighthoods
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123:Derek George Rayner, Baron Rayner
483:Chairman of Marks & Spencer
442:. 8 February 1983. p. 1869.
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201:and opened more British stores.
516:British retail chief executives
197:for $ 750m, introduced a store
422:. 20 March 1973. p. 3645.
1:
377:UK public library membership
369:Who's Who & Who Was Who
181:By the 1980s the company's
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536:Marks & Spencer people
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250:MoD Procurement Executive
143:Selwyn College, Cambridge
392:Retrieved 2019-04-11.
139:City College, Norwich
193:clothing company of
38:The Right Honourable
453:Business positions
166:Marks & Spencer
127:Marks & Spencer
107:Marks & Spencer
27:English businessman
439:The London Gazette
419:The London Gazette
323:The New York Times
224:. You can help by
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493:Richard Greenbury
489:Succeeded by
479:Preceded by
472:Richard Greenbury
468:Succeeded by
458:Preceded by
375:(Subscription or
286:in the County of
257:Margaret Thatcher
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16:(Redirected from
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531:Knights Bachelor
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233:September 2024
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133:Personal life
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59:30 March 1926
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329:29 September
327:. Retrieved
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280:Baron Rayner
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246:Edward Heath
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226:adding to it
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176:Marcus Sieff
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149:duty in the
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80:(1998-06-26)
78:26 June 1998
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18:Derek Rayner
551:1998 deaths
546:1926 births
434:"No. 49260"
414:"No. 45933"
288:East Sussex
284:Crowborough
199:charge card
187:St. Michael
97:Businessman
541:Life peers
505:Categories
486:1984–1991
465:1973–1991
379:required.)
294:References
205:Government
105:Chairman,
94:Occupation
55:1926-03-30
276:life peer
183:trademark
116:1984-1991
88:, England
69:, England
272:knighted
155:bachelor
266:Honours
67:Norfolk
63:Norwich
195:Canada
172:Oxford
161:Career
86:Surrey
282:, of
102:Title
491:Sir
470:Sir
331:2019
141:and
113:Term
75:Died
49:Born
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278:as
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