Marks & Spencer has proposed future redevelopment plans for its Marble Arch store and the surrounding site. Under the proposal, which Marks & Spencer is seeking to consult with local stakeholders on, the retailer would develop a modernised store that offers customers a broad range of trusted value products across both foot and clothing & home at the west end of Oxford Street. In addition, it will work with partners to deliver the best in class, Prime Grade A sustainable offer space on the upper levels of the building. 

The plans are part of Marks & Spencer's Never the Same Again programme, under which it has been shifting gears in creating a store estate fit for the future. The proposal is the next stage in this programme, which enables Marks & Spencer to unlock value from the site as well as retaining a modernised store in the west end of Oxford Street, delivering the best of Marks & Spencer for customers, colleagues, communities and shareholders.

Sacha Berendji, Marks & Spencer’s Retail, Property & Operations Director said: “The launch of our proposal to redevelop Marble Arch today is the latest example of how we are shifting gears in creating a store estate fit for the future. Under our Never the Same Again programme we are focused on emerging stronger from the pandemic, and today’s proposal not only means we can redevelop and modernise our store so that it better serves the local community on the UK’s destination high street, but by taking an assertive approach to the management of our asset base we can unlock additional value from the site at the same time and further support our transformation. We are really excited by the proposal and would encourage the local community to share views with us through our public exhibition which kicks off today.”