Published Date:
08 January 2009
CLEVELEYS' Marks & Spencer food outlet is not among those branches which are to close, it has been confirmed.
The company has announced the proposed closure of 27 stores, including 25 Simply Food stores and two main chain M&S
stores, with the potential loss of up to 780 jobs.
Up to 450 more will also go from its head office.
But the majority of the stores affected are in the south of England.
The retailer is hoping to cut its annual running costs by between £175m and £200m after it announced its worst sales figures for almost a decade.
M & S boss Sir Stuart Rose said: "We are aware that the proposed changes set out above will be difficult for those members of staff impacted."
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Last Updated:
08 January 2009 10:22 AM
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Source:
n/a
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Location:
Fleetwood
