British department store group Marks & Spencer is returning to the Netherlands and is planning to set up shop in Amsterdam’s Kalverstraat, retail magazine Distrifood reports on Friday.
British institution M&S pulled out of the Netherlands some 10 years ago, closing stores in the Kalverstraat and in The Hague, when it left the European mainland.
Distrifood says the Amsterdam store will be a ‘flagship’ operation, selling food and clothing through an ‘e-boutique’. The magazine bases its claim on industry sources and job vacancies currently being advertised by the Randstad employment agency.
Rumours about M&S’s return to both Amsterdam and The Hague were circulating prior to the Christmas break, when the company declined to comment.
The company’s current boss, Mark Bolland, is a Dutch national. At the end of 2010, Bolland told Dutch business magazine FEM a return to the Netherlands could be on the cards.
‘That cannot be ruled out. We are looking at all foreign markets. But it will not happen on emotional grounds, simply because I am Dutch,’ Mark Bolland told the magazine.
Would you like to see M&S return to Amsterdam? Share your thoughts in the comment section below.