Marks & Spencer announced on Monday that it was bringing forward a plan to cut jobs due to the pandemic, with 950 roles set to go.
It is just the latest sign of trouble facing the iconic British retailer, whose sales and popularity have fallen sharply in recent years.
Read the full article on the BBC website
NAM Implications:
- A worthwhile read if only to minimise any shock of M&S now turning around.
- Serious M&S suppliers need to run ‘what-ifs’ on at least three of the reasons for struggle.
