M&S unveils flagship store on Oxford Street, UK

UK retailer Marks & Spencer (M&S) has unveiled its Pantheon flagship store connected Oxford Street, bringing the cardinal London tract to completion aft a phased renewal.

The retailer said Pantheon is 1 of six London stores being renewed successful the existent fiscal year, alongside 4 caller store openings successful the capital.

Nationally, M&S has lined up 2 caller full-line stores, 18 caller nutrient outlets, 4 store extensions and further renewals.

The last signifier unveiled the menswear, kidswear, lingerie and location floors, pursuing the nutrient hall's opening successful the little crushed level past August and the womenswear and quality floors going unrecorded successful January 2026.

The finished store covers 100,000ft² crossed 4 levels.

M&S rebuilt the fashion, location and quality floors nether what it calls a "test and learn" format, designed to enactment arsenic a template for aboriginal renewals elsewhere successful the estate.

The store has besides been equipped with integer screens offering outfit suggestions, on with revamped merchandise displays and extended Click & Collect and outgo options.

Pantheon's overhaul forms portion of M&S's broader store rotation programme, which the retailer has flagged arsenic a cardinal absorption successful its ongoing property reinvestment.

M&S CEO Stuart Machin said: "Pantheon connected Oxford Street, wherever we person had a store since 1938, is our archetypal full-line flagship and our R&D store for fashion, location and beauty. It's wherever we're investigating however we marque buying our ranges easier, much curated and much inspiring, from clearer merchandise moments to however the store looks and feels overall."

The renewal comes weeks aft M&S indicated it would laic retired plans this twelvemonth for boosting shareholder returns successful aboriginal years.

Chief fiscal serviceman Alison Dolan told the group's yearly shareholders' gathering that M&S holds a coagulated equilibrium sheet, a nett funds presumption and a beardown investment-grade recognition rating, which she said would let the institution to support investing portion besides lifting shareholder returns implicit the coming years.

"M&S unveils flagship store connected Oxford Street, UK" was primitively created and published by Retail Insight Network, a GlobalData owned brand.