15 April 2014
Marks & Spencer clarified it does not have a plan to close its stores in Shanghai and instead, plans to open first stores in Beijing and Guangzhou. Reaffirms commitment to China
M&S opened its first store in Shanghai six years ago. It currently operates 15 stores in China with seven in Shanghai, two in Changzhou and one in Ningbo, Wuhan, Qingdao, Jiangyin, Wenzhou and Suzhou.