M&S to close sites amid £201m loss
The department store chain is set to reduce the number of its ‘full line’ sites from around 250 to 180 in response
Marks and Spencer has swung to a statutory £201m loss in its financial results for the year ended 3 April 2021, down from a profit of £67m a year before, which it primarily attributed to lockdowns and tiered pandemic restrictions over the period.