British Broadcasting Corporation


Page last updated at 08:01 GMT, Wednesday, 7 January 2009

M&S to close 27 stores

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Marks and Spencer says it plans to close 27 stores and cut 1,200 jobs after falling sales over the Christmas period.

Its Simply Food stores will bear the brunt of the closures.

Retail analyst Robert Clark said the chain had suffered because it is seen as expensive.

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