Legendary Inv. Share Discussion Threads

[maxk] 28/6/2018 08:28

Good morning from sunny Hampshire (real Hampshire , not a council estate in greater London).

[professor london] 28/6/2018 08:23

and his mrs is like lamb dressed as mutton

[giant haystacks] 28/6/2018 08:07

I have to be blunt

[bionicdog] 28/6/2018 08:02

Whose lip that he just couldn't button.

[chinese investor] 28/6/2018 07:59

"There once was a lad from Sutton

[bionicdog] 28/6/2018 07:57

Good morning from sunny Surrey (real Surrey , not a council estate in greater London).

[bionicdog] 28/6/2018 07:49

I'm not surprised , it has one too many lines.

[professor pettigrew] 28/6/2018 07:10

A misty good morning to all genuine LEGGIE's.

Blue skies, in both senses, to come.

[maxk] 27/6/2018 18:49

Where's dog?

[soupdragon55] 27/6/2018 18:27

Paulthomas, last week you said that IBS were hiring. Could you pass on where you've seen that info. "IBS are hiring out in NZ and have contracts ready to go"

[soupdragon55] 27/6/2018 17:09

Steady on Sid, they've not even got a phone number yet.

[professor tweet] 27/6/2018 14:22

A bored audience at the morning session of the #RWBeInspired conference where our VP and General Manager, #Retail Sector, the new bird, did the washing up after lunch @RetailWeek pic.twitter.com/2aZtwpC

[michaelsadvfn] 27/6/2018 13:43

dave’s got stuck in this honey pot with all kay’s savings and pension funds.

it’s amazing how easily the thick and ignorant get trapped.

[professor pettigrew] 27/6/2018 13:34

A captive audience at the morning session of the #RWBeInspired conference where our VP and General Manager, #Retail Sector, Carolyne Turnbull is in attendance @RetailWeek pic.twitter.com/2aZtwpC

[chinese investor] 27/6/2018 13:16

Professor Pettigrew

"Never Knowingly Truthful"

[professor palma] 27/6/2018 12:34

Only a prize buffoon like potplant could read that statement by John Lewis and see it as bullish for vs.

Its the opposite.

Mind you, the fella is so thick, he thinks Sutton is in Cornwall.

[professor pettigrew] 27/6/2018 12:32

Our VP and General Manager, Retail Sector, Carolyne Turnbull is at the #RWBeInspired event today. An inspiring day for women working in #retail. @RetailWeek pic.twitter.com/MWv0B0c

[professor pettigrew] 27/6/2018 12:24

Here is the full uncut story. Interesting the last sentence, what is said the by the boss. "Innovation" and "partner-led".

Their use of "The Edge" could well increase after this news:-


John Lewis Partnership, which owns John Lewis department stores and the Waitrose supermarket chain, has warned that profits in the first half of the year will be "close to zero".

Last year the group made £26.6m in the first half, and blamed heavy investment for this year's expected fall.

The company also warned over full-year profits, saying they could be "substantially lower" than last year.

The retailer said its Waitrose chain would close five shops.

Two Little Waitrose stores will close in Manchester, one in Birmingham and one in central London. It will also shut its supermarket in Camden in London.

The company also said that from September the two brands would be renamed Waitrose & Partners and John Lewis & Partners.

In a statement John Lewis said it was widely acknowledged that the retail sector was going through a period of "generational change".

Its response would be to focus on "greater differentiation - not scale" and invest more in developing "unique" products and services, as well as placing more emphasis on its own brand.

It said it would continue to invest at a rate of £400m-£500m per year.

While it does not expect to make any profit in the first half of the year, for the full year it said there were a "wide range of possible outcomes, given the market uncertainty".

However, it said it was assuming that profits before exceptional items would be "substantially lower" than last year's £290m.

In March, John Lewis Partnership, which is owned by its 84,000 staff known as "partners", announced that bonuses had been cut for the fifth year in a row. Employees got a 5% bonus, down from 6% last year and the lowest since the 4% paid out in 1954.

'Personal service'

Many retailers have come under pressure in recent months as a result of an increase in online shopping and lower footfall on High Streets, combined with rising costs and a fall in consumer confidence.

Retail experts have said one solution is to offer "experiences" that shoppers cannot get online.

In its statement John Lewis reflected this trend, saying its focus for its department stores would be on three key areas "unique products, personal service and expanding into new services".

Sir Charlie Mayfield, chairman of the John Lewis Partnership, said: "As retail changes we need to tread a path that enables us to thrive as a business while building on the qualities that make us different.

"For us, the relentless pursuit of greater scale is not the right course. Our plans put differentiation, innovation and Partner led service at the heart of our offer. "

[professor knobhead] 27/6/2018 11:25

John Lewis has used vs for over a year, the economy has been in good shape, and yet they are struggling badly.

That is a fact.

A spokesman being bullish is what they do.

Only idiots believe all that codswallop. Like potplant for example.

[professor knobhead] 27/6/2018 11:20

So now we know the secret to potplants 'success'. He gets his info from John Lewis spokesmen on the BBC website.

It goes some way to explaining just what a fkin idiot he is.

[professor pettigrew] 27/6/2018 11:04

Before any of the trolls get excited by the John Lewis profit warning an hour ago, it is solely down to "heavy investment".

Not my words, those of the company.

They are looking to offer "increased differentiation", which I find interesting.

Of course, JL and Waitrose are using "The Edge", from what I read of the article on the BBC using it will help greatly going forward.

So, before any of the brain-dead want to post that VS aren't doing anything for JL, then I suggest you read the story on the BBC website.

[michaelsadvfn] 27/6/2018 11:03

Today’s news has really got the punters excited.

Intelligent City chums eh. I’ve concluded these City chums are from the blue side of Manchester and are far more interested in the footy.