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Eye of Riyadh
Business & Money | Wednesday 23 May, 2018 12:13 am |
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Marks & Spencer to close 100 UK stores by 2022

British retailer Marks & Spencer said on Tuesday it plans to close over 100 stores in its home market by 2022, accelerating a program to re-shape its store estate as more sales move online.
M&S has so far closed 21 stores in a store estate restructuring program to reduce space devoted to clothing and home it first outlined in 2016.
It said it had identified a further 14 stores for closure.
M&S also said 15 fewer owned Simply Food stores would open this year as its food opening program is scaled back.

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