M&S to close over 100 stores by 2022

Marks & Spencer to close 100 stores by 2022
Marks & Spencer to close 100 stores by 2022

Marks and Spencer have announced the next tranche of UK stores proposed for closure as it reshapes its UK store estate in line with its target to take at least a third of sales online.

M&S plan to close over 100 stores by 2022, including 21 that have already closed and 14 stores that have been announced today.

The next 14 Clothing & Home stores that will close or are proposed for closure in 2018/19 as part of the transformative programme are:

  • Bayswater, Fleetwood Outlet and Newton Abbot Outlet – all three of which will close by the end of July 2018
  • Clacton and Holloway Road – both will close by early 2019
  • Darlington, East Kilbride, Falkirk, Kettering, Newmarket, New Mersey Speke, Northampton, Stockton and Walsall – all nine of which are proposed for closure and will now enter a period of consultation with all 626 affected employees. Should these stores close, all colleagues would be redeployed or offered redeployment at other stores before redundancy is considered.

Sacha Berendji, Retail, Operations and Property Director at Marks & Spencer said: 

We are making good progress with our plans to reshape our store estate to be more relevant to our customers and support our online growth plans. Closing stores isn’t easy but it is vital for the future of M&S. Where we have closed stores, we are seeing an encouraging number of customers moving to nearby stores and enjoying shopping with us in a better environment, which is why we’re continuing to transform our estate with pace.”