Marks & Spencer aims to cut back retail space at its flagship Marble Arch store on Oxford Street in a redevelopment creating offices on upper floors.
Marks & Spencer maintains that the proposal will ultimately enhance the retail offer at the store and enable it to âunlock valueâ through provision of prime office space, which it said remains in demand.
A planning application for the changes will be made later this year once M&S has consulted with interested groups, such as customers and the local community.
It is envisaged that the smaller store will continue to offer a broad range of food, fashion and home goods.
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