Economy

Marks & Spencer planning to axe Bridlington and Keighley stores

Marks & Spencer planning to axe Bridlington and Keighley stores

The store closures are part of M&S' plan to cut 25 per cent of the space dedicated to its clothing and home products.

A further eight stores are proposed for closure: Andover, Basildon, Bridlington, Denton (Outlet), Falmouth, Fareham, Keighley and Stockport.

Six stores will close by April, including Bournemouth, Birkenhead, Durham, Fforestfach, Redditch, and Putney, south-west London.

M&S said it will attempt to move as many staff as possible into new jobs within the business.

The closures could affect as many as 468 workers, who are now in consultation.

The retailer has also reduced its Simply Food opening programme.

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It follows a disappointing Christmas period for M&S, when sales of clothing and food fell.

Back in November previous year, the company had said it was accelerating its United Kingdom store estate plan after the better than expected levels of sales transfer from closures and plans to grow online sales.

Sacha Berendji, director of retail at M&S, said: "We're committed to transforming M&S for our customers, colleagues and shareholders". Stores will always be an integral part of our customer experience, alongside M&S.com, but we have to ensure we have the right offer in the right locations.

"Over the coming weeks we'll be talking to each colleague individually about what is right for them and we'll update customers and the community as soon as we can".

The retailer said staff will be offered redeployment at other stores before redundancy is considered.

M&S now has 1,025 stores in the United Kingdom: 302 Clothing, Home and Food, 684 Food-only and 39 Outlets.


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