10-07-2018 19:57 via theguardian.com

Marks & Spencer chair to shareholders: 'We're on a burning platform'

Archie Norman refuses to guarantee that no more than 100 stores will closeThe chairman of Marks & Spencer has given his starkest warning yet about existential threat faced by the high street giant as he refused to rule out further store closures and job losses. “This business is on a burning platform,” said Archie Norman, who took over as M&S’s chairman last year. “We don’t have a God-given right to exist and unless we change and develop this company the way
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