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Marks and Spencer to close up to 14 stores
Marks and Spencer has announced it could close up to 14 stores as it looks to modernise the UK business.
Alex Black
6 stores will close by the end of April, with a further 8 stores proposed for closure.
It was part of a plan to reposition around 25 per cent of its clothing and home space through closures, downsizes, relocations and converting stores to food-only.
Stores to close
- Birkenhead
- Bournemouth
- Durham
- Fforestfach
- Putney
- Redditch
Stores proposed for closure
- Andover
- Basildon
- Bridlington
- Denton (Outlet)
- Falmouth
- Fareham
- Keighley
- Stockport
But its Simply Food opening programme has also been reviewed with 36 stores now planned to open over the next six months.
Transformation
Sacha Berendji, Director of Retail at Marks and Spencer said, “We are committed to transforming M&S for our customers, colleagues and shareholders.
“Stores will always be an integral part of our customer experience, alongside M&S.com, but we have to ensure we have the right offer in the right locations.
“We do not want any colleagues to leave M&S and we will work with each colleague individually on what is best for them as we endeavour to give everyone a role. However, we accept in some cases we may have to consider redundancy.
“We believe these changes are vital for the future of M&S and we will continue to accelerate the programme, taking tough but necessary decisions, as we focus on making M&S special.”
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