M&S Closing 83 Stores, Focusing on Food

Bloomberg Video

Nov. 8 -- Marks & Spencer Group is planning to close all of its stores in foreign countries, as well as 30 outlets in the U.K., on changes being instituted by Chief Executive Officer Steve Rowe. Bloomberg Gadfly columnist Andrea Felsted reports on "Bloomberg Markets." (Felsted is a Bloomberg Gadfly columnist. The opinions expressed are her own.)