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Marks & Spencer Suffers Losses and Soft Sales on Road to Transformation

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Marks & Spencer is at the early stages of a transformation plan to dramatically overhaul its business and is feeling the pains necessary to the process. In a Nutshell: Fresh off its announced plans to close 100 stores by 2022, moving the company toward its goal of generating a third of its sales from e-commerce,…

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