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Marks & Spencer plans 500 new UK food stores post-cyberattack, aiming to boost grocery share.
Marks & Spencer is planning to open up to 500 new food stores across the UK, including 180 mixed-format and 420 food-only locations, as part of a major expansion following a £324 million cyberattack that disrupted operations and caused a 99% drop in pre-tax profits.
The retailer is targeting high-visibility sites, particularly in London’s Zones 2 and 3, with store sizes between 10,000 and 18,000 square feet, prioritizing access to public transport and parking.
Eight new food-only stores are set to open by the end of 2025, with more planned nationwide, as M&S seeks to grow its grocery market share and recover from recent setbacks.
Marks & Spencer planea 500 nuevas tiendas de alimentos en el Reino Unido después del ataque cibernético, con el objetivo de aumentar la participación en el mercado de comestibles.