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Will Spalding's Marks and Spencer food store be part of company's closure plans?

Marks and Spencer has revealed plans to close 110 stores - including 25 of its food outlets - as part of the company's strategy to streamline its running costs.

The retail giant has a Simply Food store in Winfrey Avenue, Spalding, but says it is not yet in a position to name affected stores.

It also expects to open 75 food stores as part of a restructuring programme. There are no plans announced to close outlet stores, such as the one at Spalding's Springfields shopping centre.

Marks & Spencer Simply Food (10909421)
Marks & Spencer Simply Food (10909421)

A M&S spokesman was unable to give any details about exactly which stores will close, but said staff would be informed first.

Chief executive Steve Rowe, said: "We are deep into the first phase of our transformation programme and continue to make good progress restoring the basics and fixing many of the legacy issues we face.

"As I have said, at this stage we are judging ourselves as much by the pace of change as by the trading outcomes and change will accelerate in the year ahead.

"Whilst there are green shoots, we have not been consistent in our delivery in a number of areas of the business.

"M&S is changing faster than at any time in my career - substantial changes across the business to our processes, ranges and operations and this has constrained this year's performance, particularly in Clothing & Home.

"However, we remain on track with our transformation and are now well on the road to making M&S special again."


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