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Marks and Spencer to close 27 stores

We name the M&S Simply Food stores facing the axe

More information

M&S stores earmarked for closure

Simply Food stores

  • Grafton Centre, Cambridge

  • Bracknell

  • Torquay

  • Imperial Wharf

  • Harbourside Bristol

  • Newtownards

  • Trowbridge

  • Letchworth

  • Huntingdon

  • Marlborough

  • Braintree

  • Caversham

  • Balham

  • Palmers Green

  • Colmore Row

  • Evesham

  • Tewkesbury

  • Whitley Bay

  • Newcastle-under-Lyme

  • Biggin Hill

  • Sudbury

  • Ripon

  • Melton Mowbray

  • Honiton

  • Market Harborough

  • Main stores:

  • Valley Park Croydon

  • Woking

Marks and Spencer is proposing to close 27 stores – 25 Simply Food outlets and two main stores.

The retail giant has suffered the worst sales for almost a decade – like-for-like sales fell 7.1% in the 13 weeks leading up to Christmas. This is despite heavy discounting in the run-up to Christmas. 

Marks and Spencer cuts costs

Marks and Spencer is hoping to cut costs by £200m by closing stores and making changes to its final pension scheme. The chain intends to axe up to 1,230 jobs – 780 of these will be due to the store closures and up to 450 more will be lost from its head office.

Under the proposals, 25 Simply Food outlets would shut, along with two main stores – all listed right. 

Executive chairman Sir Stuart Rose said: ‘We are aware that the proposed changes…will be difficult for those members of staff impacted..’

No date yet

Sir Stuart added that challenging economic conditions were expected for the coming year, and he believed the company was ‘taking the right action to maintain the strength of our business.’

There is no date set yet for the store closures but the company will go through a 90-day consultation with employees before deciding about redundancies.

M&S sales

Marks and Spencer  was voted one of the most popular retailers in the Which? annual high street shops survey.

The chain held its first one day sale for four years in November last year.

It held a second 20%-off sale day in December, to encourage shoppers to spend in the run-up to Christmas.

The sales saw the chain go head-to-head with with department store Debenhams, which was also offering reductions of up to 20%.

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