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Marks & Spencer stores to find buyers?

Published: 27 January 2009
Marks and Spencer outlets earmarked for closure are possible targets for the supermarket chains, according to the high street retailer.
Marks & Spencer stores to find buyers?
M&S announced shortly after Christmas, and following poor festive sales, that it would close 27 outlets that it no longer considered profitable.

Both, Waitrose and Tesco are expected to take over some of the sites and allowing them to continue expansion into different markets with their smaller store designs.

Although a number of other companies are said to be interested - CB Richard Ellis, who are handling the sale, said that no offers have been accepted to date.

The stores are located in the Grafton Centre in Cambridge, Bracknell, Torquay, Imperial Wharf, Harbourside Bristol, Newtownards, Trowbridge, Letchworth, Huntingdon, Marlborough, Braintree, Caversham, Balham, Palmers Green, Colmore Row, Evesham. Tewkesbury. Whitley Bay. Newcastle-under-Lyme, Biggin Hill, Sudbury, Ripon, Melton Mowbray, Honiton, Market Harborough and main stores at Valley Park in Croydon and Woking.

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