LONDON -- British retailer Marks & Spencer, which has successfully fought off a seven-week takeover attempt by the British retail tycoon Philip Green, has major plans in store for its food division. It's holding on to Kings Super Markets, Parsippany, N.J., halting the rollout of certain stand-alone Simply Food stores, slashing some 500 products in its U.K. food stores, and reducing food waste, the company told analysts and investors last week. "We have no immediate plans for Kings. It ...

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