M&S, Lidl, Ryanair: Everything that matters this morning
M&S to close unprofitable stores putting jobs at risk
Following a tough Christmas, Marks and Spencer has revealed plans to close six unprofitable stores by April and boost food services.
Another eight stores are also likely to close, as part of the struggling retailers’ transformation efforts which were announced back in 2016.
However, M&S says it is trying to prevent any job losses and that some of its 468 staff will be moved to nearby stores if their branch were to close down.
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