Whether the review results in a green light for the store’s reinvention will become clear in the coming months but, assuming it goes ahead, the project will represent M&S’ reinvigorated property strategy in action.

M&S’s ambition is to have “all stores we can be proud of” and a redevelopment of the Arch would be a big contribution to that.

The existing shop does not show the retailer at its best. However, changes across its estate do, and they demonstrate the potential of the Oxford Street store.