'Disgraceful' M&S exit leaves city angry and sad but not surprised

The store has been a mainstay of Swansea city centre for decades, but M&S has confirmed it will close later this year with 92 jobs now at risk

Marks & Spencer is closing in Swansea city centre(Image: Getty Images)

People have been horrified to hear Swansea is set to lose one of its best known stores after M&S confirmed it will close its Oxford Street branch next year.

The Marks and Spencer store, a long standing fixture in the heart of the city centre, has struggled financially and will shut following what the company has described as sustained underperformance. Around 92 staff were told of the decision on Tuesday, February 24.

A consultation is now underway to explore possible roles at other M&S locations, with no confirmation yet on redundancies. The exact closing date has not been set but is expected in 2026. Ensure our latest news and sport headlines always appear at the top of your Google Search by making us a Preferred Source. Click here to activate or add us as Preferred Source in your Google search settings

Richard Owen, M&S regional manager, said changing shopping habits and a nationwide store rotation programme were behind the move.

He added that the building faced operational challenges requiring significant investment and that the business needed to focus on long term growth. While acknowledging the store’s........

© Wales Online