High street giant Marks & Spencer has unveiled sweeping changes to its store portfolio that will see 20 locations close permanently while 13 others are relocated to new premises.
The retail stalwart confirmed the dramatic restructuring as part of its ongoing efforts to adapt to changing shopping habits and create a "more profitable store estate."
Which Locations Are Affected?
The shakeup will impact several prominent M&S stores across the UK, including major city centre locations. The Birmingham city centre branch is among those earmarked for closure, while the Liverpool site will be relocated as part of the changes.
Other stores facing the axe include locations that have served their communities for decades, though M&S has yet to release the full list of affected branches.
What This Means for Customers and Staff
While the news will concern both shoppers and employees, M&S has moved to reassure staff that the changes are designed to create a "more sustainable future" for the business.
The company stated: "We're committed to supporting our colleagues through this transition and will be discussing the proposals with those affected in the coming weeks."
The Bigger Picture for UK Retail
This latest announcement continues the trend of major retailers restructuring their physical presence in response to the ongoing evolution of consumer behaviour. The shift toward online shopping and changing high street dynamics have forced many established brands to rethink their property portfolios.
M&S emphasised that the changes are part of a long-term strategy to ensure the brand remains competitive and continues to serve customers effectively across the UK.