The retailer counts losses due to delays in shipping goods across the border – products are returned to British warehouses spoiled.
International retailer Marks & Spencer is considering closing retail stores in France. The company is disappointed with the performance of its outlets, which have emptied amid tight restrictions that curb cross-border trade opportunities in Europe.
It is expected that the company may announce store closures across France soon and curtail food sales in supermarkets. The retailer counts losses because of long delays of goods at the border – as a result, products were returned to British warehouses tainted.
Marks & Spencer is currently negotiating with its franchise partners in France over truck delays amid Brexit. The company, which returned to the market nearly a decade ago, is again under severe pressure.
The final decision on the extent of the business wind-down will depend on the terms the retailer agrees to continue to cooperate in France. Previously, the company was forced to reduce the range of fresh products in its supermarkets, replacing them with products with extended shelf life.
The vendors and deployments behind shopping advice, store navigation and retail operations, with a closer look at what it takes…
Miss A, Rowan and HEYTEA are on US mall opening lists in fall 2026. Their public records show what each…
Gross margins and selected profit metrics for Coach, Pop Mart, lululemon, Miniso, Five Below, TJX and Costco, plus where each…
NikeSKIMS, Birkenstock and Starbucks Reserve chose HKRI Taikoo Hui for major China debuts. Why the Shanghai complex keeps winning new…
Bluewater opens its first new anchor since 1999. Next takes the former House of Fraser space with about 132,000 square…
Opening in IMAX 70mm on July 17, 2026: Christopher Nolan's The Odyssey. Select shows went on sale one year in…
