Marks & Spencer has announced plans to axe 20 stores, ten of which will be relocated elsewhere in towns and cities, before the end of this year. The high street staple has yet to reveal the full list showing which of its stores have been earmarked for permanent closure. The chain also plans to open eight full-range stores and ten food shops. READ MORE: MARKS & SPENCER WILL CLOSE 67 STORES OVER NEXT FIVE YEARS TO SAVE £300MILLION Marks and Spencer has announced it will close 67 stores over the next five years as part of a major restructure. It said better clothing ranges and refurbished stores played a significant part in the improvement in trading.

Source: Daily Mail May 24, 2023 15:33 UTC