M&S to close 67 stores in major shake-up over the next five years

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M&S to close 67 stores in major shake-up over the next five years
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Marks and Spencer will close 67 full line clothing shops but open 104 food shops

Marks and Spencer has issued a trading update and re-affirmed it will be closing 67 stores in a major shake-up of branches over the next five years.

"Unpacking the numbers isn't a linear exercise and we've called out the Covid bounce back tailwinds, as well as the headwinds from the pandemic, supply chain and Brexit, some of which will continue into next year.

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M&S to close 67 stores in major shake-up over the next five yearsM&S to close 67 stores in major shake-up over the next five yearsMarks and Spencer will close 67 full line clothing shops but open 104 food shops as part of cutting store estate bill.
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