MARKS & Spencer has announced another round of store closures for 2022 — here’s which m&s stores are closing in 2022 and how many jobs are on the line…
Just The Facts: M&S is set to close over 100 stores by 2022 as part of a larger plan announced in 2016. So far, 59 clothing and food stores have been shut down, with an additional 30 stores scheduled for closure. Furthermore, M&S has around 254 retail locations that sell both meals and clothes, but it’s not clear how many more of these stores will be impacted by the latest round of closures. M&S has not yet confirmed the full list of stores that today’s announcement will impact. We’ve asked M&S for more information and will provide an update as soon as possible. This is a breaking story and we will continue to provide updates as more information becomes available.
Here’s the deal:
The struggling upmarket chain announced it is planning to close 30 more stores, while reporting clothing and homeware sales took a blow due to the Covid crisis.
M&S is set to close over 100 stores by 2022
This is in addition to the 59 clothing and food stores that have already been shut down, 15 food-only locations, and eight shops.
When comparing the current situation to m&s’ history, the closures are part of a larger plan announced in 2016 that would see M&S close 110 stores by 2022. M&S has around 254 retail locations that sell both meals and clothes, but it’s not clear how many more of these stores will be impacted by the latest round of closures. However, it did promise that by 2022, M&S will have opened 17 new or expanded full-line stores, including several in former Debenhams locations.
Which M&S clothes stores are going to close?
Although M&S has not confirmed a full list of the 30 stores assigned for closure announced today, we’ve asked M&S and will provide an update as soon as possible. Of the 59 clothing and food store closures, 15 are food-only locations, while eight have been closed by M&S until 2019.
These are the 35 M&S clothing stores that closed between November 2016 and March 31, 2019.
- Covent Garden
- Crewe [Relocation]
- Edgware Broadwalk
- Greenock [Relocation]
- New Mersey Speke [Will change to a food-only store]
- Newry [Relocation]
- St Helens [Relocation]
- Stafford [Relocation]
- Wokingham [Relocation]
These are the 13 clothing businesses that have closed since April 1, 2019:
- Luton Arndale
- Weston Super Mare
Which specific M&S food stores are closing in 2022?
M&S announced in 2019 that it will close or relocate 25 food shops by April 2024. The company said it is focusing on shutting down and relocating its smaller, lower-volume shops. This means future plans to open 75 new larger food stores are still on the table but have yet to announce specific locations.
With that said, between July 2018 and early 2019, M&S closed:
- Holloway Road
Which M&S outlet stores are closing?
The following outlet stores were also closed in 2018 and 2019, however, M&S claims these aren’t part of the restructuring plan, and it does not appear to have any intentions of shutting down any further outlet shops.
- Fleetwood Outlet
- Newton Abbot Outlet
- Junction One Antrim Outlet
Why are M&S stores closing?
According to The Sun, “In November 2016, the high street chain said that it had marked 100 low-performing stores for closure or change as part of a big 10-year restructuring plan.”
“Stores closures began in April 2017 m when the first six stores were announced for closure.”
M&S has not yet confirmed the full list of stores that today’s announcement will impact, however, we will continue to provide updates as more information becomes available.