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M&S Maps 500-Site Search to Expand Food Stores

The push is a direct response to a £324m ransomware hit that left half‑year profit at £3.4m.

Overview

  • Marks & Spencer is assessing roughly 500 potential locations across the UK to accelerate growth in its food business.
  • About 200 prospects are in London, with a focus on Zones 2–3 and formats of 10,000 to 18,000 sq ft in prominent, accessible spots.
  • The plan outlines a longer-term mix of 180 general stores with food alongside 420 food-only outlets across the country.
  • More than 20 openings or modernisations are scheduled before the end of the financial year, including eight food-only stores due by year-end.
  • Store criteria outside London include 18,000+ sq ft plots with at least 100 parking spaces, and over half the estate is set for refurbishment by April 2028 as leaders aim to grow a roughly 4% grocery share.