The British retailer announced on Thursday, September 16th 2021 that 11 stores will close in France, most of which are located in Paris.
In its statement, Marks & Spencer explains that “the long and complex export procedures now in place as a result of the UK’s exit from the European Union greatly limit the supply of fresh and refrigerated products from the UK to Europe. This continues to impact the availability of the products for our clients.”
Marks & Spencer claims that these new standards “continue to have an impact on the availability of the products for the clients and on the business performance in France.”
The stores present in stations and airports will be spared, which represents 8 stores in total.
Already in difficulty because of the pandemic and fewer visitors in the stores, the group had announced 7,000 job cuts in August 2020.