M&S to close 100 UK stores by 2022
LONDON, May 22 (Reuters) - British retailer Marks & Spencer said on Tuesday it plans to close over 100 stores in its home market by 2022, accelerating a programme to re-shape its store estate as more sales move online.
M&S has so far closed 21 stores in a store estate restructuring programme to reduce space devoted to clothing and home it first outlined in 2016
It said it had identified a further 14 stores for closure.
M&S also said 15 fewer owned Simply Food stores would open this year as its food opening programme is scaled back. (Reporting by James Davey, Editing by Paul Sandle)
