Marks And Spencer Share Discussion Threads

[philanderer] 07/1/2016 20:11

'After its Christmas dip, Marks & Spencer should keep it simple'

Of course Marc Bolland is retiring as CEO of Marks and Spencer. How else to atone for the retail scandal that is biscuitgate? In case you missed it, this week the store’s Extremely Chocolatey luxury biscuits were exposed as nothing more than humble custard creams dipped in chocolate.

pretty good article

[philanderer] 07/1/2016 20:08

aussie , why didn`t you tell us this two years ago when King jumped .

Way too late now ;-)

[aussiedonnie] 07/1/2016 18:25

I held shares in SBRY and sold up (£4) when the chairman Mr King decided to step down. I strongly recommend MKS shareholders do the same.

[philanderer] 07/1/2016 17:55

Yep, I read the Evening Standard article.

He`s done a great job at M&S’s general merchandise sales – said no one ever.

[philanderer] 07/1/2016 13:18

Steve Rowe: What you need to know about Marks & Spencer's new chief executive

[philanderer] 07/1/2016 10:46

Wish I dumped everything christmas eve :-)

One good call in the last month , shorting BRBY @ 1192p

[badtime] 07/1/2016 10:41

Out for a small loss

[philanderer] 07/1/2016 10:07

I think we must go to the same opticians.........economy these days seems to be based on house prices, debt and 4x4`s ;-)

[essentialinvestor] 07/1/2016 10:01

Morning Phil, life seemed a little more simple back then, or may that
is rose tinted glasses on my part )

[philanderer] 07/1/2016 09:53

Nail on the head EI.

Morning :-)

[essentialinvestor] 07/1/2016 09:52

I remember being about 16 and taking a bus from Walton on Thames to
Kingston just to buy a sweatshirt from MKS, the power they once had
in the clothes market is now difficult to relate to, it was the go to place
for a long time.

[philanderer] 07/1/2016 09:49

Really hope so dlku, I`m holding a fair few.

My wife loves the Per Una range :-)

[dlku] 07/1/2016 09:39

These are gonna be great from now on phil

[philanderer] 07/1/2016 09:37

Couple in from the experts..

7th jan Peel Hunt sell tp 400p
7th jan Haitong Secs buy tp 550p
7th jan Cantor sell tp 420p cut from 490p
7th jan Investec buy tp 570p cut from 590p

[philanderer] 07/1/2016 09:20

diku , I posted that guardian story last night about larger food halls .... rather apt in hindsight ;-)

[philanderer] 07/1/2016 09:18

LOL , no I`m not saying that . I`m saying this commentator was saying that obesity has cost M&S a lot of customers over the years . Competition for that market from Primark, Bonmarche, Matalan etc. I think the term black clothing army was used.

[dlku] 07/1/2016 09:12

So you saying that there are no middle class / middle aged and over 60s` customers who need clothes. lol.

[philanderer] 07/1/2016 09:09

Too dear for Green , 500p top offer from private equity or anyone else.

Womens clothing down the plughole.

Just listening to a womens retail expert and she was saying there really is no market for M&S potential middle class / middle aged and over 60s` customers.

Overweight / fat / obese is the order of the day and this is trying to be covered up by a couple of black outfits consisting of black leggins and a black coat cardigan all the year round.

[dlku] 07/1/2016 08:52

good to have queues

[johnwise] 07/1/2016 08:47

I was in my local M&S yesterday as usual a queue out the door of the coffee shop and as usual of the three tills only two open hence the long queue I have mentioned this problem several times to floor management which is ignored, poor customer service continues

[dlku] 07/1/2016 08:42

old news now




Superb results update. Im happy for them with Gross Margin at top end

Record food sales

Record online sales

New broom will reduce general merchandise space and expand food sq footage