Proposed closure of Marks and Spencer in Wokingham

I have been notified of a plan for the possible  closure the Wokingham store, following consultation with staff who will be offered jobs in  neighbouring stores.

I have written back to Marks and Spencer asking why they think they need to close the store, and why they are pessimistic about its future turnover and profitability. I asked if they have found the best mix between food, household and textile products. They need to examine their merchandising and marketing strategy for what should be a successful  and profitable store. They also need to take into account the growth of Wokingham and the surrounding area as new housing goes in.

I will let you know what response I receive.

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One Comment

  1. Chris
    Posted April 21, 2017 at 12:40 pm | Permalink

    Thank you, Mr Redwood.

  • About John Redwood


    John Redwood won a free place at Kent College, Canterbury, He graduated from Magdalen College Oxford, has a DPhil and is a fellow of All Souls College. A businessman by background, he has been a director of NM Rothschild merchant bank and chairman of a quoted industrial PLC.

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