Posted on

M&S blames Brexit as it axes 11 French high street stores



Share

Marks and Spencer is to close 11 stores in France blaming “lengthy and complex export processes” affecting fresh and chilled products following Brexit.The retailer said the outlets operated with franchise partner SFH, mainly located in Paris high streets, were expected to shut by the end of 2021.
It said nine other stores operated with another partner, Lagardere Travel Retail, at airports, railway and metro stations would continue to operate amid discussions between the companies on a “sustainable future business model”.

Image:
M&S said it was acting in light of post-Brexit customs arrangements

M&S confirmed earlier this week that it …

Read More