IslingtonTribune

The independent London newspaper

Jeremy Corbyn in bid to overturn M&S store closure plan

Labour leader to meet company bosses over decision to close Holloway Road store

08 June, 2018 — By Samantha Booth

Marks and Spencer’s Holloway Road store is expected to close early next year

MARKS and Spencer boss Steve Rowe is due to meet Jeremy Corbyn and Town Hall senior councillors today (Friday) over the firm’s decision to close its Holloway Road store.

Islington Council leader Richard Watts and Councillor Asima Shaikh, executive member for economic development, will join the Islington North MP and Labour leader in urging the high street store to reconsider.

The Nag’s Head shop, which sells clothes and food, is due to close early next year in line with the opening of a new foodhall in Archway.

The 61 staff it employs will be “redeployed” to other nearby stores.

Businesses have expressed their fears for their own future when the doors close on M&S, over concerns about drop in footfall.

Ada Okechukwu, who chairs the Nag’s Head Town Centre Group, said previously that she was “concerned” at the closure, but added that the Nag’s Head was “resilient” and would continue to offer a “good mix of local shops and services”.

The national retailer said shutting 14 of its stores would be “vital” for its streamlining plans.

Mr Corbyn previously said: “The decision to close M&S on Holloway Road is a bitter blow for workers and the local community.”

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