High St giant M&S unveils new plan to CLOSE 145 stores after sales plunge

MARKS and Spencer has announced a new plan to close 145 stores after suffering a big slump in sales and profits.

The Brit High Street giant has said it is closing down 120 full-line stores and another 25 Simply Food outlets by 2023/24.

It had previously revealed it was shuttering 100 clothing stores, of which 48 have already closed so far.

But today it announced it will close "more than 100" stores, and that another 72 are set to shut which, added to the 48 already closed, leaves a figure of 120.

An M&S spokeswoman then confirmed to us that another 20 full-line stores are now...
source: Daily Star

2019-05-22 16:23
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