Marks Electrical boss Mark Smithson on keeping its edge in a difficult market

Mark Smithson Marks Electrical

Source: Marks Electrical

The electricals sector has faced tough challenges amid the cost-of-living crisis, high inflation and a poor macroeconomic environment since Covid-19 but for Marks Electrical, the past few years have meant revenue growth and soaring sales.

Chief executive Mark Smithson founded the company in 1987 in Leicester but the retailer flew under the radar and was described as the “UK’s best-kept secret” as recently as 2021.

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