SHOPPERS have been left distraught after M&S confirmed the exact date it will shutter down one of its branches.

The posh retailer has 405 stores across the country and is a staple on the high street.

M&S is pulling down the shutters on one of its branches within weeks

1

M&S is pulling down the shutters on one of its branches within weeksCredit: Reuters

But it is closing branches across various locations while opening 104 new “bigger and fresher” stores in a bid to update its portfolio.

One of the impacted stores is its branch in Queensgate Shopping Centre, Peterborough.

M&S previously said the store would shut in April but did not reveal an exact date it would close.

However, the retailer has now confirmed the branch will close for good on April 20.

Read more in Store Closures

Craig Burton, M&S regional manager, said: “Shopping habits are changing, so we’re rotating our store estate to make sure we have the right stores to offer customers a brilliant shopping experience.

“In recent years we have invested over £31 million in our stores in the East of England and we look forward to working with the local council to bring forward plans for further future investment into Peterborough and the wider local area.

“We would like to thank all our customers who have shopped in the store, and we will be working hard to keep serving them in our local M&S Peterborough Brotherhood store.”

Shoppers have reacted with frustration and sadness after finding out the branch, described by one local on Google Reviews as having “perfect” customer service, will close within a matter of weeks.

Most read in Money

One said: “Shocking. Feeling for the staff.”

Another said “there’s going to be nothing left” while a third added “oh dear might as well close town”.

A fourth said: “Sad news! I worked for M&S when this store opened! Great memories and fun times.”

A fifth added: “Bl**dy disgraceful – Peterborough is fast becoming a joke as a shopping centre.”

It comes after a string of M&S closures across the UK as part of the retailer’s bid to freshen up its store offering.

The chain shuttered its Foodhall cafe inside its Eastgate Retail Park branch just yesterday in a blow for coffee lovers.

M&S new collection

In October 2022, M&S announced it would shut 67 “lower productivity” locations over the following five years.

The 67 came as part of 110 that M&S had previously earmarked for closure.

At the same time, the retailer said it would open 104 new “bigger and fresher” stores as well, with some having already opened.

At the time of announcing the closures, M&S said it hoped they would save the business £300million in total.

What M&S stores are closing?

M&S has not issued a full list of where the 67 stores earmarked for closure are located. But it has started pulling down the shutters on some of them…

  • Manchester – August 2023
  • Swindon – October 2023
  • Birmingham city centre – November 2023
  • Barnsley’s town centre – November 2023
  • Cheltenham – March 30, 2024
  • Peterborough – April 2024
  • Neath, Wales – May 2024
  • Aberdeen, Scotland – 2025
  • Weymouth – exact date to be confirmed
  • Sunderland – exact date to be confirmed
  • Hexham – exact date to be confirmed
  • Bradford – exact date to be confirmed
  • Blackburn – exact date to be confirmed
  • Ilford, London – exact date to be confirmed
  • Walworth, London – exact date to be confirmed

M&S was hit hard by the coronavirus pandemic, announcing in 2021 it was planning on closing 30 stores.

This was in addition to the 59 clothing and food stores the retailer had already closed in previous years, plus 15 foodonly sites.

The closures were all part of a wider radical restructuring plan first announced in 2016, which aimed to close 110 stores by 2022.

In 2021, the business said it wanted to reduce its number of clothing and home shops down to 180 from 247 shops – but expand its Simply Food shops from 316 to 420.

It comes as other retailers struggle on the high street following a turbulent economic backdrop.

High inflation, which peaked in October 2022, has squeezed households’ incomes meaning they’ve got less money to spend.

High energy and wage costs, and high business rates, have further put pressure on businesses.

Major retailers Wilko, Paperchase and The Body Shop have all fallen into administration since January last year.

Yesterday, the owners of Ted Baker Authentic Brands Group said it was looking to appoint administrators which could see stores close and workers lose their jobs in a further blow to the high street.

Last June, Boots said it would be massively consolidating its portfolio of UK stores from 2,200 to 1,900.

It might have you thinking it’s all doom and gloom but some retailers are opening branches as well.

Asda has been opening hundreds of convenience stores in recent months as it looks to rival major players Tesco and Sainsbury’s.

How to cut the cost of your grocery shop

MONEY.CO.UK has shared some top tips with us to help you keep your supermarket spend down to a minimum.

  • Write yourself a list – Only buy items that you need. If it isn’t on your list, don’t put it in the trolley
  • Create a budget – Work out a weekly budget for your food shopping
  • Never shop hungry – You are far more likely to buy  more food if your tummy is rumbling
  • Don’t buy pre-chopped veggies or fruit – The extra they’ll charge for chopping can be eye watering
  • Use social media – Follow your favourite retailers to find out about the latest deals
  • Be disloyal – You may want to go to different stores to find the best bargains
  • Check the small print –  It’s always worth checking the price per kg/lb/litre when comparing offers so you’re making a like for like decision as a bigger box won’t necessarily mean you get more
  • Use your loyalty cards – Don’t be afraid to sign up to them all. They all work slightly differently – work out what bonus suits you better and remember to trade in your points for additional rewards

Primark is also opening new branches and investing and renovating more than a dozen of its existing shops.

WHSmith has turned its focus to the travel side of its business, with plans to open new sites in airports, railway stations and hospitals.

READ MORE SUN STORIES

In an update to investors in January, the retailer said it was on track to open 15 stores this year, with a further 15 to follow “each year over the medium term”.

Lidl is also looking to open 12 new stores across the UK while discounter B&M has also been opening branches this month.

Do you have a money problem that needs sorting? Get in touch by emailing [email protected].

Plus, you can join our Sun Money Chats and Tips Facebook group to share your tips and stories.

This post first appeared on thesun.co.uk

You May Also Like

South West Water is latest firm to be targeted in Ofwat probe

Investigation: South West Water has become the latest company targeted in an…

Home Bargains is making a huge change to stores – and shoppers will love it

HOME Bargains is making a huge change to stores – and customers…

Full list of banks and shops closing next week – including New Look and Barclays

SIXTEEN banks and shops are closing their doors for good next week.…

‘Completely destroyed’: how a Halfords service left a car owner £2,000 out of pocket

A man was left in despair when his beloved Alfa Romeo was…