Marks & Spencer is to close 11 of its 20 franchise stores in France after post-Brexit trade rules “significantly” impacted supply of fresh and chilled food.
M&S said ”the lengthy and complex export processes” in place since the UK’s exit from the EU were “continuing to impact product availability for customers and the performance of our business in France”.
As a result, the retailer said the 11 stores, which are mostly in Paris and operated by franchise partner SFH, will close by the end of the year.
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