Marks and Spencer will shut 67 shops over next five years to save £300m

Retailer announces a QUARTER of its bigger stores that sell clothing and homeware will close as it battles 'difficult economic backdrop' and rising costs


Marks and Spencer has announced it will shut a quarter of its shops over the next five years in a huge national shake-up as it battles soaring costs. The popular high street retailer will close 67 of its 'lower productivity' stores as part of efforts to save £300million - including reducing a £100m energy bill.-- More...

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The Daily Mail is a British daily middle-market tabloid newspaper owned by the Daily Mail and General Trust and published in London. It is the United Kingdom’s second-biggest-selling daily newspaper after The Sun.