High street giant Marks and Spencer is set to close 67 stores over the next five years as part of a major shake-up.
The retailer said it is shutting some of its "lower productivity, full line stores", but announced that it'll be launching 104 new "bigger and fresher" food shops.
The 67 closures are part of 110 had already been announced, but the closures confirmed today show plans have been pushed forward.The overhaul will take place over the next five years, but company bosses have said they're aiming for it to be done in three.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
M&S to close 67 stores in major shake-up over the next five yearsMarks and Spencer will close 67 full line clothing shops but open 104 food shops as part of cutting store estate bill.
Read more »
New look at Knives Out 2 as it confirms cinema releaseIt marks a major first for the UK.
Read more »
Honor 70 review: A high-end feel in a mid-range phoneAnd it's discounted in Amazon's Early Access Sale.
Read more »
Helicopter and coastguard descend on beach for high risk missing person searchPeople living in the area reported hearing 'loads of sirens' before a police helicopter was spotted circling above
Read more »
Lizzo is minding her own business and maybe certain high-profile men should do the same“Everybody got my motherf***ing name in their mouth”.
Read more »