UK retailer M&S says to shut more than 100 stores
M&S will now close over 100 stores in total by 2022, including 21 that have already closed and the 14 stores that are announced today as proposed for closure or set to close.
Alongside relocations, conversions, downsizes and the introduction of concessions, these closures will radically reshape M&S’s Clothing & Home space.
The acceleration of M&S’s UK store estate programme is part of M&S’s wider five-year transformation plan to make M&S special again. Under the plan M&S has the ambition to create fewer, better Clothing & Home stores.
These stores will be larger, digitally enabled, better located and more inspirational for customers to shop.
They will also be supported by a seamless online experience across all digital channels including mobile and social, and by a conveniently located network of Food stores that offer customers a next-day collect in store service for Clothing & Home purchases. ■