Retail chain to invest £480m in rejuvenate its presence on the high street
Marks & Spencer is to open 20 large stores and create 3,400 jobs as part of a £500m plan to rejuvenate its presence on the high street after bumper Christmas trading.
The retail chain – which in October said it would close 67 of its “lower productivity” sites that sold clothes and homewares, about a quarter of its estate of bigger stores – said it planned to open the 20 new “bigger, better” stores in locations across the UK in the next financial year.
