British multinational retailer Marks and Spencer (M&S) has announced closure of four stores – in Mullingar, County Westmeath; Naas, County Kildare; and Tallaght and Dun Laoghaire, both in County Dublin – in the Republic of Ireland within the coming weeks, which will result in the loss of 180 jobs. However, the company has agreed to outline plans for a new flagship store, spread across 72,000 sqft, in Limerick that is expected to open in 2016 and will create 250 jobs.
“M&S remains fully committed to its Irish business. We have traded here for the last 35 years, employ around 2,800 people and have extraordinarily loyal Irish customers, but the last few years have been very challenging. During this time our Republic of Ireland business has been under continuous review and we have made savings and found efficiencies wherever possible. However, the retail sector outlook has not improved and we have to act now to protect the long-term good of the company. We have carried out a strategic store review and it is with regret that we are now closing four unprofitable stores,” observes Jonathan Glenister, head of M&S Ireland.
The announcement was made on the same day that M&S decided to close its distribution centre at Mallusk in County Antrim, Northern Ireland, putting 140 jobs at risk.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
/ 
For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ 
Why cinemas, wellness sanctuaries and cultural districts are becoming emotional infrastructure for
From bullion to boutiques, investment to immersion, Dubai Gold District marks a
NRF Vice President of Education Strategy Susan Reda forecasts 2025’s retail trends
The Dubai Duty Free (DDF) has recorded sales of $1.94 billion up
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Among several others, three key factors have fuelled the growth of homegrown
Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
Previous Article
