Trade Alerts

Marks & Spencer to open 36 stores, close 6 others

April 20, 2017
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British retailer Marks & Spencer Group PLC on Thursday announced its plan to open 36 new stores in next six months as part of its 5-year UK store estate restructuring plan announced last November.

The London-based company said it will open 34 new foods stores, and 2 clothing, home and food stores. It added that it would close six stores and reassign affected employees to nearby stores.

The opening of new stores will create over 1,400 new jobs.

The material has been provided by InstaForex Company – www.instaforex.com

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