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, and graduated from Magdalen College Oxford. He is a Distinguished fellow of All Souls, Oxford. A businessman by background, he has set up an investment management business, was both executive and non executive chairman of a quoted industrial PLC, and chaired a manufacturing company with factories in Birmingham, Chicago, India and China. He is the MP for Wokingham, first elected in 1987.

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