Marks & Spencer has said it is seeking to speed up a major shake-up of its stores estate
Marks & Spencer has said it is seeking to speed up a major shake-up of its stores estate which will result in the closure of 67 more shops. The retailer stressed that the previously announced closures will be more than offset by new openings as the group seeks to focus more on its grocery business and online operations.
It added that the company will now seek to speed up this transformation plan with an aim of completing the stores shake-up over three years. The move will also see the retailer open 104 more Simply Food outlets over the same period, with many expected to reopen in the same area or location as sites earmarked for closure.
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