M&S branches in Ipswich and Bury St Edmunds at risk | East Anglian Daily Times
Marks & Spencer has announced it will close 30 stores after making a £201million loss — putting the future of Suffolk's stores in doubt.
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Marks & Spencer has announced it will close 30 stores after making a £201million loss — putting the future of Suffolk's stores in doubt.
Marks & Spencer is set to close 30 more stores due to slumping to a £201m loss during the past year.
Marks & Spencer is set to close more stores after seeing a slump in profits due to the impact of Covid lockdowns. The retailer said it is targeting 30 more closures in the “next phase” of its long-term transformation plan. It has already closed or relocated 59 stores but said it is accelerating changes to its portfolio of shops following the impact of the pandemic. The 30 planned closures will be part of a shake-up of around 110 stores, with the majority of these sites set for relocation. M&S said the impact of the pandemic has provided it with a strong opportunity to purchase n...
Marks & Spencer is set to close more stores after plunging to a hefty loss for the past year after being hit hard by high street lockdowns.
Marks & Spencer is set to close 30 more stores due to slumping to a £201m loss during the past year.