Marks & Spencer blames Brexit as it closes stores in France
CNN
Marks & Spencer is closing 11 of its stores in France because of supply chain problems related to Brexit.
The UK retailer on Thursday said "lengthy and complex" export processes introduced after Brexit had made it difficult to get fresh products such as sandwiches and salads from Britain to Europe. It expects to close the stores — located mainly in central Paris and run with franchise partner SFH — by the end of this year.
"The supply chain complexities in place following the UK's exit from the European Union now make it near impossible for us to serve fresh and chilled products to customers to the high standards they expect, resulting in an ongoing impact to the performance of our business," M&S managing director of international Paul Friston said in a statement.
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