Marks & Spencer exits Russia, closing 48 stores and ending franchise operations
Marks & Spencer confirms permanent closure of all 48 Russian stores, citing values-led decision and business disruption linked to the war in Ukraine, with 1,200 employees affected.
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BusinessMarks & Spencer exits Russia, closing 48 stores and ending franchise operations
Sign in or subscribeBrowse free archive reportsMarks & Spencer confirms permanent closure of all 48 Russian stores, citing values-led decision and business disruption linked to the war in Ukraine, with 1,200 employees affected.