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M&S under threat


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#1 megilleland

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Posted 14 November 2016

Article in the Daily Wail today suggesting that M&S could be on a hit list of closures. To quote the paper: 

 

(extracts)
 
Stores which are vulnerable because the town centre is already in serious decline include Blackpool, Bolton, Boston, Hereford, Mansfield, Stoke and Sunderland.
 
M&S has not yet named the stores set for closure, which means thousands of workers are waiting to know if their store will go.
 
However, experts at the Local Data Company have compiled a list of areas that it thinks are vulnerable.
 
This list is not from M&S and it does not mean the stores involved form part of the official closure programme.
 
M&S said: ‘We are very disappointed that anyone would choose to speculate in this way. This list is not based on any M&S data and we have not published any locations. What we have done is outlined plans to improve our store estate over the next five years which include opening 200 new Food stores and selling Clothing and Home from 60 fewer stores.’ 
 

 

Doesn't give much confidence. I suppose when the Council and Balfour Beatty start digging up High Town in front of the store and close more roads into the city - it will be the final nail in their coffin.


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#2 Colin James

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Posted 14 November 2016

I heard that Hereford's store was very profitable and safe but maybe not...


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#3 twowheelsgood

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Posted 14 November 2016

Not sure what the Local Data Company stand to make from this report, save to heap worry on those concerned with the sites they identify (remember, this is speculation by a third party), but they're on the money with this comment;

 

Stores which are vulnerable because the town centre is already in serious decline include Blackpool, Bolton, Boston, Hereford, Mansfield, Stoke and Sunderland.


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#4 Colin James

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Posted 14 November 2016

According to the Daily Mirror in this article

 

This is the list of stores that are vulnerable to close based on the local data company report

 

Aberdeen

 
Ayr
 
Banbury
 
Barrow-in-Furness
 
Basildon
 
Birmingham
 
Blackburn
 
Blackpool
 
Bolton
 
Boston
 
Bournemouth
 
Brentwood
 
Bridlington
 
Brierley Hill
 
Bristol
 
Buxton
 
Carlisle
 
Chichester
 
Coventry
 
Darlington
 
Dundee
 
Durham
 
Fareham
 
Hereford
 
Hull
 
Kettering
 
King’s Lynn
 
Leamington Spa
 
Leeds
 
Leicester
 
Liverpool
 
Macclesfield
 
Maidstone
 
Manchester
 
Mansfield
 
Milton Keynes
 
Newcastle Upon Tyne
 
Northwich
 
Nottingham
 
Peterborough
 
Preston
 
Rochdale
 
Sheffield
 
Southampton
 
St Albans
 
Stockton-on-Tees
 
Stoke
 
Swansea
 
Swindon
 
Sunderland
 
Tunbridge Wells
 
Warrington
 
But I agree with two twowheelsgood all this report will do is cause unnecessary worry and anxiety to those people who work there and their families. 

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#5 greenknight

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Posted 15 November 2016

It is my understanding that the store is profitable and one of the best performers in the Midlands area however it is down to the people of Herefordshire to demonstrate its support for this iconic brand. The store has a family within it and there are certain customers who engage with it as part of their daily life routine.....
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#6 adamski

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Posted 16 November 2016

Whilst I agree with greenknight's sentiment I cannot help but feel that in many ways our high streets across the nation are facing a period of upheaval. Little things we do are not going to effect the groundswell change that is gathering pace. I don't claim to have the answers, I'm not happy about it, and I'm certainly not knocking M&S, just feel that we're all helpless passengers.
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