Wednesday 18 May 2016

M&S abandons plan to open flagship store in Amsterdam

Retailer has sold site on Rokin shopping street in Dutch capital to Canadian group Hudson’s Bay Company

Marks & Spencer has ditched plans to open a major store in Amsterdam less than two months after the exit of Marc Bolland, its Dutch former chief executive of six years.

The retailer said it had sold a site on the Rokin shopping street in the city, which had been intended as M&S’s second flagship store in the Netherlands, to Canadian department store group Hudson’s Bay Company.

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