M&S set to downsize biggest flagship stores

Marks & Spencer sign

Marks & Spencer is to downsize around 20 of its largest stores in expensive city-centre locations as part of its turnaround plan.

The department store chain is set to overhaul its flagship stores including the 160,000 sq ft store in Marble Arch, London.

The stores under review are mainly ones with over four or five storeys where the upper floors could be converted into residential or office space, City AM reported.

M&S has already shut several stores across the country as part of its turnaround strategy and its most recent store openings have been much smaller. 

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