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Marks & Spencer: set to close a hundred stores

(CercleFinance.com) - Today, Marks & Spencer group announced that it intends to close over 100 stores that sell either food or clothes in the UK by 2022 as part of a “radical transformation plan” of its business.


Once this transformation is complete, the group aims to generate at least one third of its sales online. However, it intends to open around fifteen Simply Food stores.


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