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Could M&S Be Closing In Mansfield and Sutton?

8th November 2016
Mansfield, Ashfield

Could M&S Be Closing In Mansfield and Sutton?

Marks and Spencer stores in Mansfield and Sutton could face closure after the retail giant announced it will be closing 30 clothing and home stores as it wants to focus more on its ‘Simply Food’ range. The plans will see 200 new ‘Simply Food’ shops open.

Details of the restructure came as it said pre-tax profits fell almost 20 percent to £231.3 million in the six months to October, while bottom-line profits crashed almost 90% percent to £25.1 million.

The company’s new boss Steve Rowe, "This is about building a sustainable, more profitable business that's relevant for our customers in a digital shopping age."

Trade Unions have expressed their concern over what this may mean for hundreds of people’s jobs but Rowe would not be drawn on the subject or detail which stores are the ones facing closure.

Mr. Rowe finished by saying people still ‘love’ M&S and that there would be more stores throughout the country, just not in the same capacity as we have been used to for over 100 years. 

We will have to wait and see what the future holds for stores in our area.


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