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Marks and Spencer set to close 100 stores

Business / Tue 22nd May 2018 at 09:54am

MARKS and Spencer has announced that it will close 100 stores by 2022, accelerating a reorganisation that it says is “vital” for the firm’s future.

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M&S has revealed the locations of 14 stores that will be closed, adding to 21 that have already been shut.

It is part of a revamp that was started in November 2016.

Last year, retail veteran Archie Norman took over as chairman. He said the retailer had been “drifting” and promised to speed up changes.

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