Marks & Spencer eyes further store closures
Marks & Spencer is gearing up to close more stores, the result of tough trading conditions on the High Street.
Last year M&S announced it would shut 30 stores as part of an initiative to cut the amount of shopfloor space devoted to its clothing arm. Chief Executive, Steve Rowe, is said to be in the process of ramping up this project with new Chairman, Archie Norman. Further details are due to be announced during its first-half trading update on Wednesday.