FOLLOWING the closure of Huntingdon s Woolworth store earlier this week, Marks and Spencer has revealed that its Huntingdon food store is also likely to shut, as part of a cost-cutting exercise, with the loss of 29 jobs. It is one of 27 stores to be axed
FOLLOWING the closure of Huntingdon's Woolworth store earlier this week, Marks and Spencer has revealed that its Huntingdon food store is also likely to shut, as part of a cost-cutting exercise, with the loss of 29 jobs.
It is one of 27 stores to be axed by the High Street retailer, which has reported a significant reduction in sales.
Stuart Rose, chairman of M&S, said: "We believe that we have looked at every available option and opportunity to keep the Huntingdon store open, but in this tough trading environment it is no longer commercially viable. We are very sadly putting forward this proposal to close the store and will listen carefully to any suggestions employees have for alternatives.
"We have a great team here and I would like to thank them for their commitment to the store and for their hard work delivering excellent service to our customers.
"If this proposed closure goes ahead, we hope that our valued customers will continue to shop with M&S at one of our alternative local stores such as St Neots and Cambridge, which offer a wide variety of quality M&S products."
A period of consultation will now start with the store's 29 employees. In the event of closure, employees will be offered appropriate help from M&S to find alternative employment in the local area.
M&S is also planning to close its store in Cambridge's Grafton Centre.
This story will be updated as we get more detail and reaction.