London Daily

Focus on the big picture.
Friday, Oct 30, 2026

Marks & Spencer's new shops plan to create 3,400 jobs as part of £480m investment

Marks & Spencer's new shops plan to create 3,400 jobs as part of £480m investment

M&S is opening new shops designed 'with families in mind' across the UK as part of a huge investment which could transform abandoned Debenhams stores on High Streets and inside popular shopping centres.
Marks & Spencer is to open 20 new shops and create thousands of new jobs, thanks to an investment in its stores worth £480m.

New M&S stores will open at former Debenhams sites in Leeds, Liverpool, Manchester, Birmingham and Thurrock this year, the retailer has announced.

More than 3,400 jobs will be created over three years, according to M&S.

Debenhams shut for good in May 2021 as COVID-19 lockdowns proved to be the final straw for the department store chain.

But M&S has now announced expansion plans which could revive some abandoned Debenhams locations.

Sites in Leeds's White Rose shopping centre, Liverpool's ONE shopping centre, Birmingham's Bullring, Manchester's Trafford Centre and Lakeside shopping centre in West Thurrock will be converted into full M&S stores.

The new shops in Leeds and Liverpool will open in the summer, with the new Birmingham store scheduled to follow in the autumn. M&S said the Manchester and Thurrock shops will open towards the end of 2023.

A total of 12 new Marks & Spencer food halls will also open this year. Food outlets are planned in Stockport, Barnsley in South Yorkshire and Largs in North Ayrshire.

The department store said it is also extending its food offering via franchise partnerships, building on the presence of its convenience food in Costa Coffee shops and service stations.

'Bigger and better' shops

M&S said the better than expected performance of "recently relocated and renewed stores" had given the company the confidence to "go faster" with its plans for change.

It said each of the larger new stores had been designed "with local families in mind", with wider aisles and more spacious clothing and home departments, allowing shoppers to browse more easily.

While new, larger stores are being built the overall number of M&S brick and mortar will recline from 247 to 180 "higher quality, higher productivity full line stores that sell our full clothing, home and food offer whilst also opening over 100 bigger, better food sites.

The shops will also have new M&S cafes, as well as sustainable initiatives such as Fill Your Own, and offer free car parking.

Chief executive Stuart Machin said stores were a "key part" of the group's future, alongside online trading.

He said: "Our store rotation programme is about making sure we have the right stores, in the right place, with the right space and we're aiming to rotate from the 247 stores we have today to 180 higher-quality, higher-productivity full-line stores that sell our full clothing, home and food offer whilst also opening over 100 bigger, better food sites."

Sales were ahead of forecasts in clothing and home sales in Colchester and Llandudno, while the newly expanded M&S food shop in Harrogate outperformed by 26%.

The strong figures were illustrative of increased sales across M&S stores in the final three months of last year.

Like-for-like food sales were up by 6.3% over the 13 weeks to 31 December. The brand's clothing and home products enjoyed their greatest market share for seven years, with sales up by 8.6%.

As recently as November M&S reported a big dip in profits and warned of a "gathering storm" ahead from rising costs and squeezed consumer budgets.

Profit before tax and adjusting items was £205.5m for the six months to 1 October, 24% down on the same period a year previous, despite an 8.5% revenue increase across the business.
Newsletter

Related Articles

0:00
0:00
Close
Department for Environment, Food and Rural Affairs Implements Strict Water Quality Monitoring Rules Following Severe Rainfall and Flooding
Welsh Government Unveils Comprehensive Regional Housing Strategy to Address Rural Affordability and Homelessness Pressures in Cardiff
Office for National Statistics Reports Slowing Consumer Price Inflation and Steady Retail Performance Across United Kingdom Markets
Northern Ireland First Minister Michelle O'Neill and Deputy First Minister Emma Little-Pengelly Advance Cross-Border Infrastructure Agreement in Belfast
Competition and Markets Authority Launches Formal Investigation Into Artificial Intelligence Partnerships Involving Major Technology Corporations
Scottish First Minister John Swinney Secures Cross-Party Support for Devolved Budget Framework and Renewable Energy Expansion
High Court Rules in Favor of Environmental Campaigners Over Department for Energy Security and Net Zero Licensing Procedures
National Health Service England Announces Major Digital Modernization and Artificial Intelligence Diagnostic Rollout Across Regional Trusts
Bank of England Monetary Policy Committee Signals Cautious Approach to Interest Rate Cuts Amid Persistent Wage Growth and Inflation Pressures
British Prime Minister Keir Starmer and Chancellor Rachel Reeves Outline Strategic Infrastructure Plans to Boost Regional Growth and Private Investment
Water pollution remains high despite £5bn investment
Regional Economic Divergence and Industrial Transformation
Technological Sovereignty and Regulatory Scrutiny
Fiscal Consolidation and Public Service Pressures
Automotive Industry Leadership Warns of Imminent Supply Chain Disruptions Following Recent European Trade Negotiations
High Court Delivers Landmark Ruling Affirming Strict Legal Protections for Corporate Data Privacy Against State Surveillance
Welsh First Minister Eluned Morgan Secures Additional Funding for Regional Transport Infrastructure and Rail Modernization
Scottish First Minister John Swinney Announces Major Green Energy Infrastructure Investment Package for Aberdeen
Department for Work and Pensions Proposes Sweeping Welfare Reforms to Incentivize Long-Term Unemployed Back into Work
Competition and Markets Authority Launches Formal Investigation into Artificial Intelligence Partnerships Involving Major Tech Giants
United Kingdom Foreign Secretary David Lammy Concludes High-Level Strategic Talks in Washington on Middle East Security
National Health Service England Unveils Emergency Winter Resilience Plan to Combat Projected Surge in Emergency Admissions
Bank of England Governor Andrew Bailey Signals Cautious Approach to Interest Rate Cuts Amid Persistent Inflation
British Chancellor Rachel Reeves Finalizes Corporate Tax Overhaul Ahead of Autumn Budget to Fund Public Services
Automotive Manufacturers Urge Government Action as High Energy Costs and Global Supply Chain Disruptions Threaten Production
Metropolitan Police Issue Formal Apology Following Inadvertent Release of Confidential Information During High-Profile Investigation
Scottish Finance Secretary Shona Robison Unveils Devolved Budget Highlighting Housing and Public Service Adjustments
Energy Regulator Office of Gas and Electricity Markets Prepares to Remove Household Gas Standing Charges Following Treasury Mandate
Treasury Confirms Reversal of Planned Cash Individual Savings Account Allowance Reduction Protecting Twenty Thousand Pound Limit
Office for Budget Responsibility Revisions Predict Moderate United Kingdom Economic Growth with Elevated Inflation Pressures
Chancellor John Healey Delivers First Autumn Budget in Parliament Highlighting Temporary Bank Surcharge and Cost-of-Living Support
Met Office Issues Extended Forecast Highlighting Stable High Pressure Weather Patterns Across the United Kingdom
Scottish Finance Secretary Shona Robison Outlines Changes to Tax Thresholds and Residential Property Levies in Edinburgh
Financial Markets and Government Bond Yields Remain Stable Following Muted Reaction to Autumn Budget Measures
Defence Committee Chair Tan Dhesi Criticizes Budget for Delaying Critical Defence Spending Decisions to Next Year
International Monetary Fund Forecasts United Kingdom Economic Growth at One Point Three Percent for Year
Office for Budget Responsibility Assesses Fiscal Headroom Reduced to Fifteen Billion Pounds Following Global Energy Shocks
Chancellor John Healey Delivers First Autumn Budget Introducing Household Energy Support and Bank Tax Hikes
Aberdeen City Council Co-Leader Faces Binding Vote Challenge as Local Councillors Launch High Court Legal Battle
Housebuilding Across Scotland Falls to Eleven-Year Low Despite Government Declarations of a Housing Emergency
Former Prime Minister Gordon Brown Organizes National Innovation Summit in Manchester to Boost Regional Competitiveness
UK Government Faces Mounting Criticism Over Lack of Environmental Consultation During Artificial Intelligence Datacentre Expansion Talks
Greggs Announces Closure of Four Major Manufacturing Facilities Across Britain Resulting in Seven Hundred Forty Job Losses
British Retail Consortium Warns That Cumulative Employment and Regulatory Costs Threaten High Street Price Stability
Lloyds Banking Group Chief Executive Charlie Nunn Warns That Increased Bank Taxes Could Deter Long-Term Economic Investment
Ipsos Polling Reveals Seven in Ten Britons Expect Personal Tax Increases Amid Deep Public Economic Pessimism
Chancellor John Healey Delivers First Autumn Budget in Parliament Amid Tight Fiscal Constraints and Slower Growth Forecasts
United Kingdom Finance Monthly Review Highlights Rising Long-Term Borrowing Costs and Persistent Energy Price Pressures Across British Markets
Royal Marines Pioneer Rapid Autonomous Drone Operations During Major High North Exercise Involving NATO Allies
House of Commons Justice Committee Urges Chancellor to Align Prison and Courts Reform Ambitions With Concrete Budgetary Resources
×