Brand shares farewell message on its official Facebook page ahead of May 2 closure.
A familiar presence in many Philippine malls is now reminding patrons that it is heading toward its final days as one of the country’s long-standing retail brands prepares to close after decades of operation.
In a social media post, Marks & Spencer confirmed that its stores operated by Rustan Marketing Specialists Inc. will cease operations after May 2, 2026, bringing down the curtain after nearly 40 years in the country’s retail scene.
The announcement comes after earlier statements of a gradual pullout, following the decision of SSI Group Inc. to step away from handling the brand locally. SSI Group, known for bringing in several global names to the local market, had previously signaled changes in its portfolio, affecting how select international labels are managed and distributed across malls nationwide.
Final stock runs
In the weeks leading up to the closure, shoppers have been met with clearance sales across remaining branches. Familiar products, ranging from pantry staples like biscuits to everyday clothing pieces, are now part of final stock runs.
For many mall-goers, the brand’s departure marks the end of a go-to stop for everyday essentials. The exit also reflects a broader shift in the retail landscape, where imported mid-range brands face tighter competition and shifting consumer spending habits, whether toward basic goods or higher-end luxury items.
Marks & Spencer said select locations will remain open until the official closure date.
The biscuits are almost gone. Marks & Spencer is officially down to its final days in the Philippines, with a total closure set for May 2, 2026.
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