Author: News Desk

Retailer to open 104 Simply Food outlets as high street chain speeds up turnaround plan amid rising costs Marks & Spencer is planning to close 25% of its bigger stores selling clothing and homeware while opening more than 100 new Simply Food outlets, as it speeds up its turnaround plan in the face of a “difficult economic backdrop” and rising costs. The retailer told investors it aims to have 180 “full-line” shops – selling its full range of food, clothing and homeware products – by early 2028, down from 247 at present, and said it would get rid of “lower…

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