Marks And Spencer Share Discussion Threads

[casholaa] 09/1/2014 14:47

What a great day. So glad I changed from short to long recently.

[casholaa] 09/1/2014 14:46

I think it was the weather more than anything. What they need to develop is a Miss M&S type line.

[alphahunter] 09/1/2014 14:44

Beaten-up expectations and buy-the-rumour sell-the-fact kind of situation.
Not an overly shorted stock (2.6%), so can't say that HFs covering back.

[leadersoffice] 09/1/2014 14:30

Well...I'm speechless I have to admit. This wasnt the share price I quite had in mind, but its welcome.
Looks like Bolland may have a little more time to see the fruits of his labour.
I hope there worth it, for all our sakes.

[johnwise] 09/1/2014 13:16

"It's hardly surprising that Marks and Spencer have struggled,the fiasco before Christmas with respect to who can be served by whom when buying certain products which we are legally entitled to buy is very telling when a company prioritises the needs of it's staff ahead of the customer it has a problem (no independent corner shop anywhere would ever do such a thing) this attitude appears to have permeated the corporate body that is M&S. even the way it was handled told a story a very thin unconvincing press release that can not have been signed off by the senior leadership team (if it was even more worrying)"

Tesco, Marks & Spencer and Morrisons report slump in sales as consumers become increasingly cautious

[yewtrees] 09/1/2014 12:31

Agree, there was no mention of how well the on-line had done.

[casholaa] 09/1/2014 12:09

Just watching bbc news. You'd think they were shorting mks.

[libertine] 09/1/2014 10:29

09 Jan 2014 Marks & Spencer... MKS Investec Buy 455.75 444.90 500.00 500.00 Upgrades

[casholaa] 09/1/2014 09:41

The share price not ruined my day.

:o)

[libertine] 09/1/2014 09:28

Looks like the market has decided to ruin a few people`s day!!

You had best all get over to the Tesco thread and give them a good kicking whilst you can.

[quilarvium] 07/1/2014 20:32

Mike a catastrophe is coming!

[kendonagasaki] 07/1/2014 09:55

Ten to one on that Marc Bolland retires from M&S by financial end!!! Bring back Philip Green, I bet even Mike Ashley could have done a stellar job in reviving sales?Ah well!

[kendonagasaki] 07/1/2014 08:27

I have heard a rumour that Simon Caukwell is short on M&S!One however can't blame him M&S going down will be like shooting fish in a barrel!All analysts know its going to be a car crash on Thursday and there is no way out for Mr Bolland, who I'm sure will be grimacing from the pain from the 7am RNS.Food will be down! Clothing will not only be down but will be losing viable market share too. NEXT is the new M&S as far as the clothing sector is concerned.10 years ago M&S had a share price of about a fiver, and NEXT had a share price of about seven pounds, my oh my how things have changed.It's not a normal results day.....it's a Marks & Spencer result day!

[born2bongo] 06/1/2014 15:25

Seen from the consumer point of view, it doesn't seem to matter who's in charge - they have cultural issues. They don't listen to staff; they don't use the BI from their EPOS systems, and they run the business for the benefit of the company, not the customer.

I'm a size 10 lady and there is rarely anything nice in that size. Always tons of 14s and up. I end up spending my money in Next, or similar, where there is newver a stock problem. M&S staff have confirmed that they always get less smaller sizes, and shop employees get their hands on the best before the customers. When they raise the matter with management, they are told stores are stocked according to local demographic. It's difficult to understand why the company wouldn't look at EPOS info on what is left, and in what sizes, after how many days in the store. By not doing so they've lost 1000s from me alone over the years.
This year, I almost bought a cardigan as a Christmas present for my niece, but when I learned she would only have till 7th January to return it if it didn't fit, I bought one in John Lewis instead.
Finally, on 27th December, with the sale in full swing, they closed the changing rooms. You can always bring it back, they advised. By which time the stocks would have depleted and you've spent double on petrol and parking. Monsoon got my business this time
When I was a kid 'Marks' had a reputation for good quality, reasonable prices and excellent customer service. They abandoned that in the 80s and lost all the skilled staff with it. They'd have to headhunt from John Lewis now, but then who'd swap being a partner for being a shop assistant?

[leadersoffice] 06/1/2014 12:15

As far as i can see, Marc Bolland never had a position at Somerfields.
His forte is clearly food and drink and that he excells at.
To be fair the rot set in with the decline in clothes sales long before he arrived at M&S.
He'd been better staying at Morrisons.

[leadersoffice] 06/1/2014 12:07

Libertine:

Why not go to the store?

[libertine] 06/1/2014 10:34

leadersoffice

Why go to the store then?

[leadersoffice] 06/1/2014 09:57

Johnwise

My Thoughts exactly. When I visited the Liverpool store days before Christmas, they had there 30% sale of some items. I wouldn't even have some of the stuff if they were giving it away.
By the way, Bolland was Chief Exec at Morrisions, was he at Somerfields as well?

[casholaa] 06/1/2014 08:55

I think I'll be buying the dips now in the hope the guessalysts have got it wrong.

[johnwise] 06/1/2014 08:27

Using rubbish management then what do you expect .. Bye Bye ex grocery boy
chief executive Marc Bolland.. Why was a boss of Somerfields supermarket given the job in the first place ?

No Christmas present for M&S as sales keep sliding: Firm expected to reveal 1.5% drop despite discounts of up to a third

[yewtrees] 06/1/2014 08:18

To be fair, the couple of times I went into Next it didn't feel busy.

[lennonsalive] 06/1/2014 08:07

400p price target

[alphahunter] 06/1/2014 07:55

I was at M&S in Bluewater on Sat 12st when they did the 30% off clothing. It didn't feel crowded & no wait at the changing rooms. Also, M&S was closed on Boxing Day, unlike others.

[gnik] 05/1/2014 12:42

In the lead up to Christmas it was evident the clothing side was not doing well, sold out on Friday for a small profit after holding for three years.