Marks And Spencer Share Discussion Threads

[diku] 07/7/2016 07:58

Is it good bad or ugly?....

[freedom97] 07/7/2016 07:35

We will have to wait until the next quarter report to see the benefits of the changes:
"We have repriced c.1,000 lines since January and are pleased with early results. For lines repriced in Q4 we have seen strong sales growth."

"Group sales were up 1.3% in the 13 weeks to 2(nd) July"

"International sales were up 0.7% at constant currency and rose 6.1% on a reported basis."

[honeywell2] 07/7/2016 07:31

Look's like a big down to me.

[harebridge] 07/7/2016 07:11

M&S blaming the timing of Easter- I've heard it all now(1) Timing of Easter had an adverse effect of 0.5% on Food and 0.8% on Clothing & Home sales growth.

[philanderer] 07/7/2016 00:01

I`ve strolled past his London home a few times this year. Armed police in full view front and back, night and day.

[diku] 06/7/2016 21:25

Is he now buying from Primark?...

[smokybenchod] 06/7/2016 20:27

I blame Tony Blair for the decline in clothing sales at M&S

[miikke] 06/7/2016 16:28

Pay out safe according to news post

[philanderer] 06/7/2016 13:15

Let`s see what excuses this sorry lot come out with for tomorrow`s update from their nice new shiny head office in Paddington Basin

[maxidi] 06/7/2016 10:51

Invoke Article 50 of The Lisbon Treaty immediately.

Just signed this petition on Gov. Petitions. Already over 66,000.

Go to....Petitions. UK Government and Parliament.

[diku] 05/7/2016 21:52

I say make those insiders who are earning fees spend one day a week in the stores on the shop floor....give them the taste of reality...

[philanderer] 05/7/2016 20:46

My wife looked in the Edgeware Road, London Branch today. Rail upon rail of clothing ,all packed together, all discounted. Total shambles.

All it needed was a big sign saying 'Look at Our Mistakes'

[philanderer] 05/7/2016 12:16

At least they're trying something. Desperate times though.

Marks & Spencer sale: High street chain price crash everything from fashion to furniture

[philanderer] 05/7/2016 10:07

5th july Jefferies underperform tp 250p
5th july Liberum sell tp 260p

[careful] 05/7/2016 09:54

i have been buying here.
never rated BHS, Woolworths lost its way decades before it went down.

hoping for a recovery here over the medium term.

[freedom97] 05/7/2016 09:52

Remember, Steve Rowe has only been CEO for 3 month's, and has already made many changes in the company. I think in 3 month's time we will see the results of his work.

[84stewart] 05/7/2016 09:27

MKS is not the basket case people make out bonham made a mess of morrisons then MKS it will take time wait till thursday for more guidance ,have faith.

[dodge city] 05/7/2016 09:07

Woolworths, BHS and next up MKS.

[miikke] 05/7/2016 09:02

Is it take over time?Too good a brand to lose but management were too concerned about the refeendum- these experienced bosses should have known better- quality and customer care the key not in it out- any thoughts?

[philanderer] 05/7/2016 00:05

Top summary Chairman , can`t argue with any of that.

Ditch the clothing / homeware and become a food retailer where it has a top reputation.

[chairman20] 04/7/2016 23:24

M&S clothing problems are internal

traditionally M&S sold quality - especially
quality fabrics. In order to compete it
abandoned that part of its DNA. It could still
get it back if it could learn honest
merchandising of classic wool and cotton items
that delivered on those old promises. It would
justify the quality label.

traditionally M&S let its buyers dictate what would
be made by long standing suppliers. The process was
long - colours would be chosen two years in advance,
designs 8 months ahead of the season. Manufacturing
and delivery (to fewer than 300 stores) was set in
stone and inflexible. As a model it could not and cannot
cope in a world where Primark can get a Catwalk knockoff
onto the shelves in just 6 weeks. Much has changed -
it had to -but the buyers should
be sacked and their power abolished.

M&S has let items proliferate and it cannot manage the
mulitiplicity of fit and size options from its
single central warehouse. Running the internet offer
from the same central warehouse system has been a success
but the rate of returns far exceeds competitors in the
internet space. This is a sure sign that M&S has been very poor
at capturing customer data - they just don't know who their
customers are and what they want. This is especially true in
basic product areas like Bras and underwear, nightwear, workwear,
that used to be M&S core strength. M&S lets far too many
potential customers walk out of its stores without buying
and without finding out what they came in to buy.

Finally the stores have been overloaded and undermanaged -
this started with diversions like household goods, and has
got worse. Store managers are essentially only in charge
of personnel and have insufficient power and zero incentives
to find out and supply the goods their demographic want to buy
- its all central control, one-size fits all - or sod em.

I still believe a sufficiently powerful retailer like George
Davis given total carte blanche could turn the whole
culture round - but it would be a huge effort. when it comes
down to it management is the total key to keeping M&S out
of the Woolworths trap.

[diku] 04/7/2016 22:36

Further fall in share price & MKS could attract a bid..

[smokybenchod] 04/7/2016 22:04

care to elaborate diku?

[diku] 04/7/2016 21:46

If the insiders can't sort out the company then the outsiders will....