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M&S Doors Close as Transformation Plan Accelerates

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Marks & Spencer said six stores will close with even more on the bubble. The U.K.-based retail chain today moved ahead with a reduction in store count under its transformation plan. The six store closures will help the company accomplish its goal of reducing its clothing and home space by 25 percent, which it will achieve through…

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