MARKS and Spencer is planning to close a further 25 stores amid its sweeping overhaul of the estate.

It comes as the retailer posts a 10 per cent drop in annual profits.

The high street chain said it is closing 85 full-line stores in the coming financial year along with 25 Simply Food outlets.

Full list: Which of Sir Philip Green’s Arcadia stores are set for closure?

This comes on top of the 35 full-line branches closed in 2018-19 under a previously-announced restructure.

However, bosses said the overall size of the chain will remain in line with plans as it also opens and relocates shops, having launched a further 48 outlets across the UK including a food store in Oban in the past financial year.

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In total, 75 new premises, including potentially in Scotland, will have opened by the end of the process.

It said the food closures come as it focuses efforts on larger Simply Food shops with parking access, which will mean shutting and relocating smaller, less busy outlets.

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