Listen Download Podcast
  • RFI English News flash 04h00 - 04h10 GMT Mon-Fri
    News bulletin 07/24 04h00 GMT
  • Paris Live AM 04h10 - 04h30 GMT Mon-Fri
    Features and analysis 07/24 04h10 GMT
  • RFI English News flash 05h00 - 05h10 GMT Mon-Fri
    News bulletin 07/24 05h00 GMT
  • Paris Live AM 05h10 - 05h30 GMT Mon-Fri
    Features and analysis 07/24 05h10 GMT
  • RFI English News flash 06h00 - 06h10 GMT Mon-Fri
    News bulletin 07/24 06h00 GMT
  • Paris Live AM 06h10 - 06h30 GMT Mon-Fri
    Features and analysis 07/24 06h10 GMT
  • RFI English News flash 06h30 - 06h33 GMT Mon-Fri
    News bulletin 07/24 06h30 GMT
  • Paris Live AM 06h33 - 06h59 GMT Mon-Fri
    Features and analysis 07/24 06h33 GMT
  • RFI English News flash 07h00 - 07h10 GMT Mon-Fri
    News bulletin 07/24 07h00 GMT
  • RFI English News flash 07h30 - 07h33 GMT Mon-Fri
    News bulletin 07/24 07h30 GMT
  • RFI English News flash 14h00 - 14h03 GMT Sat-Sun
    News bulletin 07/23 14h00 GMT
  • RFI English News flash 14h00 - 14h06 GMT Mon-Fri
    News bulletin 07/24 14h00 GMT
  • Paris Live Weekend 14h03 - 14h30 GMT Sat-Sun
    Features and analysis 07/23 14h03 GMT
  • Paris Live PM 14h06 - 14h30 GMT Mon-Fri
    Features and analysis 07/24 14h06 GMT
  • RFI English News flash 14h30 - 14h33 GMT Mon-Fri
    News bulletin 07/24 14h30 GMT
  • Paris Live PM 14h33 - 14h59 GMT Mon-Fri
    Features and analysis 07/24 14h33 GMT
  • RFI English News flash 16h00 - 16h03 GMT Sat-Sun
    News bulletin 07/23 16h00 GMT
  • RFI English News flash 16h00 - 16h06 GMT Sat-Sun
    News bulletin 07/24 16h00 GMT
  • Paris Live Weekend 16h03 - 16h30 GMT Sat-Sun
    Features and analysis 07/23 16h03 GMT
  • RFI English News flash 16h30 - 16h33 GMT Mon-Fri
    News bulletin 07/24 16h30 GMT
  • Paris Live Weekend 16h33 - 17h00 GMT Sat-Sun
    Features and analysis 07/23 16h33 GMT
To take full advantage of multimedia content, you must have the Flash plugin installed in your browser. To connect, you need to enable cookies in your browser settings. For an optimal navigation, the RFI site is compatible with the following browsers: Internet Explorer 8 and above, Firefox 10 and +, Safari 3+, Chrome 17 and + etc.
Economy

Marks and Spencer to close 100+ shops worldwide, 7 in France

media Marks & Spencer on the Champs-Elysées, Paris Reuters

British retailer Marks and Spencer is to close more than 100 shops worldwide, including seven in France. The M&S store on Paris's Champs Elysées is scheduled for the chop, hardly five years after opening as part of a return of the company to French soil.

Marks and Spencer has announced plans to close 53 loss-making outlets in 10 countries around the world and about 60 in the UK.

For several years the company has had problems with sales of clothes, shoes and home appliances and all of its shops that sell both food and clothes in France are to close.

As well as the Champs Elysées shop, which employs 80 people, that means one at the recently opened Beaugrenelle shopping centre in south Paris and others in Levallois-Perret, Tremblay-en-France and Villeneuve-en-Garenne, all in the Paris suburbs.

Two others in Paris's rue de la Chaussée d'Antin and near the Saint Lazare railway station, which only sell food, are marked for closure.

The 11 franchises that only sell food in the Paris region will remain open.

Previous departure from France in 2001

M&S returned to France in 2011 after causing an outcry in 2001 with the announcement of closure of all 18 of its outlets, which employed 1,700 people.

Those shops were bought by French retailer Galéries Lafayette.

The company says it has lost 26 million euros in France since 2011.

Negotiations with unions are to last 12-18 months, a spokesperson told the AFP news agency.

Other countries affected are China, where 10 shops are to shut, Belgium and seven other European countries.

Related
 
Sorry but the period of time connection to the operation is exceeded.