Lockdown setback

M&S to shut Scots store amid retail and dining upheaval

Victoria’s Secret in Glasgow could be sold, while M&S is pulling out of Paisley high street

UPDATE 20 July: Hospitality and retail sector workers face further cutbacks and upheaval with more jobs being lost and Marks & Spencer closing a Scottish store.

M&S is closing its outlet in Paisley high street and cutting up to 950 jobs across the UK, with store management and head office roles mostly affected.

The company said it planned to accelerate a move towards “a leaner, faster” structure.

Closure of the Paisley store is a blow to current plans to revive the town centre. Employees are being relocated to a newly-opened food hall within Wallneuk Retail Park.

It is understood that staff in the clothing department will be transferred to the Braehead shopping mall at Renfrew which was seen as a major threat to Paisley when it was built more than 20 years ago.

The company announced its ‘Never the same again’ strategy at its results two months ago in response to changes in the retail landscape as a result of the coronavirus pandemic.

M&S’s cutbacks will add to those announced by other retailers such as Debenhams and Boots. Fashion chains Ted Baker and Burberry are each cutting 500 jobs. White Stuff has reportedly made 390 staff redundant from its head office and retail stores.

One Comment to M&S to shut Scots store amid retail and dining upheaval

  1. Market Saturation and lack of diversification coming home to roost.
    Amazing how fragile the whole retail , leisure model is, just like a proverbial “sand castle”.

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