Marks and Spencer is planning to close one in four of its biggest stores selling cloths and home goods as its plan to tackle a “difficult economic backdrop” ramps up.
As part of the plans, the store will open 100 new Simply Food outlets across the UK.
As part of the five-year plan the retailer told investors that it aims to have 180 “full-line shops” down from the current 247 by early 2028, targeting “lower productivity” outlets.
