M&S to focus on Beijing, Shanghai
By Wang Zhuoqiong | China Daily | Updated: 2015-03-03 06:54
British retailer will continue to invest in its existing stores
British retailer Marks & Spencer plans to open new stores in Beijing and Guangzhou beginning from 2015 and 2016, with a focus on developing in first-tier cities after its seven-year struggle mostly in second- and third-tier cities.
The retailer announced its intention to continue to invest in its existing stores, with the compete modernization of its outlet on Shanghai's West Nanjing Road this autumn.
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