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Marks & Spencer will cut a further 7,000 jobs, it said on Tuesday, as the Covid-19 crisis deals another blow to Britain’s beleaguered retail sector.
“It is clear that there has been a material shift in trade and whilst it is too early to predict with precision where a new post-Covid sales mix will settle, we must act now to reflect this change,” M&S said.
Clothing and home trading in its stores remained well below last year though online and home delivery were strong, said the retailer, which has a UK workforce of about 78,000.
The 136-year old M&S is
