The former Marks and Spencer chairman says he started out selling pyjamas at the retail giant.
Marks and Spencer has already said it will open a big store at Monks Cross.
"We have yet to have Marks and Spencer, which is not going to be great, " he said.
The move comes shortly after Marks and Spencer said it would launch an in-store banking service this summer.
The company expanded overseas and in 1975 Marks and Spencer's first stores in opened in Paris and Brussels.
Taking advantage of the development of the easy-seal pack, Marks and Spencer launched its packaged sandwich in 1980.
The move came soon after Marks and Spencer said it would launch an in-store banking service this summer.
The letter was signed by 50 businesses and organisations, including Microsoft, Marks and Spencer, Alliance Boots and Asda.
And outgoing Marks and Spencer boss Sir Stuart Rose has said the government had taken "very sensible action".
The company, which makes desserts for Marks and Spencer, said it was transferring production to Minsterley in Shropshire.
Marks and Spencer has reported a drop in sales, after releasing its Christmas trading statement early following a leak.
Marks and Spencer said the new stall would give people in Leeds a chance to learn more about its origins.
It says that nine well-known stores, including Tesco, Mothercare and Marks and Spencer have bought garments from one such manufacturer.
It said its up-market range was protected from a sales squeeze suffered by Britain's biggest department store chain Marks and Spencer.
Traffic problems have escalated at North Farm Industrial Estate in Tunbridge Wells since Marks and Spencer, John Lewis and Asda opened.
While we await news from Sainsbury's, Tesco's and Marks and Spencer later this week, the standout bad news is from Morrisons.
Big high street names, including Marks and Spencer, Next, Burton and Topshop, all shut stores in the city centre last year.
In the first three months of the year, Marks and Spencer reported a 3.8% fall in general merchandise sales, which includes clothing.
Marks and Spencer Limited became a public company in 1926 and the famous St Michael trade mark was registered two years later.
Tenants earmarked for the new development include Marks and Spencer and Debenhams.
Last week's challenge was to create a pun to accompany the story that prisoners are about to start working in Marks and Spencer.
After being contacted by BBC Guernsey a spokesman for Marks and Spencer said the company was withdrawing energy drinks from its shelves in the island.
BBC: Energy drink labelling call from Public Health director
The session on 24 July will be held at Marks and Spencer in Chester and the final event is at Cheshire Oaks on 25 July.
Politicians and civic leaders have met Marks and Spencer in Westminster in a bid to stop the retailer shutting its store in a seaside resort.
Marks and Spencer's Champs Elysees store sells more chicken tikka masala than any branch in the UK and the fifth highest number of BLT sandwiches.
Havelock Europa was founded more than 30 years ago and counts Marks and Spencer, House of Fraser, Sainsbury's and Primark among its high profile customers.
Marks and Spencer did something unusual this evening at ten to eight, which is put out its trading statement almost 12 hours earlier than scheduled.
To develop a good long-term strategy for marketing food products, he must be thoroughly familiar with the strategies of giants such as Marks and Spencer.
Besides Sarin, other non-executive directors facing investor wrath are Michael Boskin , Jurgen Schrempp and the former chairman of Marks and Spencer, Luc Vandevelde .
Marks and Spencer is two years into a three-year recovery scheme.
BBC: NEWS | UK | Northern Ireland | Jobs boost 'to meet M&S workload'
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