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Last M&S Lifestore faces closure

Marks & Spencer (M&S) is considering closing its only remaining Lifestore, in Kingston-upon-Thames.

The company will update plans when it report its interims on November 9. The outlet could be turned into a food store.

M&S is looking to follow in the footsteps of Next by developing out-of-town stores.

It would like about 50 out-of-town sites depending on its ability to get the right stores at the right price.

References: Financial Times 27/09/04 page 22, The Daily Telegraph 27/09/04 page 28 (The City Checklist)

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