Marks And Spencer Share Discussion Threads

[gswredland] 13/12/2024 13:18

Thanks Phil

[philanderer] 13/12/2024 10:52

Barclays raises Marks & Spencer price target to 440 (400) pence - 'overweight'

[bigbigdave] 13/12/2024 07:07

*BARCLAYS RAISES MARKS & SPENCER PRICE TARGET TO 440 (400) PENCE - 'OVERWEIGHT'

[philanderer] 11/12/2024 14:25

Slow Christmas perhaps ?


Citigroup raises Marks & Spencer price target to 420 (410) pence - 'neutral'

[johnwise] 10/12/2024 10:47

M&S Chairman, Archie Norman, Is Confirmed to Headline at the Retail Technology Show 2025

Chairman of Marks and Spencer (M&S), Archie Norman, is confirmed to headline at the 2025 Retail Technology Show (RTS), the leading event that connects Europe’s most forward-thinking retailers and leading tech innovators.

[debsdowner] 10/12/2024 10:46

Tesco and Sainsburys tighten share in grocery market but OCADO fastest grocery market shares in last 12 week period however MARKS:


"Just under one in three households, at 32%, bought food, drink and other groceries to have at home from M&S during the 12 weeks to 1 December and looking at grocery sales alone, spending at M&S rose by 10.4%.”

"Https://uk.investing.com/news/economic-indicators/tesco-and-sainsburys-tighten-grip-on-uk-grocery-market-3828694"

[johnwise] 06/12/2024 12:34

M&S Food partners SSP to open major store at new Belfast Grand Central Station


UK. M&S Food has opened its first-ever store in a Northern Ireland travel location at the new Belfast Grand Central Station. The 275sq m outlet is operated by partner SSP Group.

The opening extends M&S’s collaboration with SSP Group to 54 stores at airports and rail stations across the UK and Ireland.

Describing the shop as a “milestone opening”, M&S said it is proud to be a part of one of Belfast’s most anticipated new infrastructure developments, positioning the brand at the heart of the city’s transport network.

[debsdowner] 05/12/2024 17:31

Marble Arch plans approved kick in the face for Michael Gove, but the decision controversial as a decent ark deco building being knocked down !

Marks boss elated however arguing they had little alternative.

Frasers concerned about budget increases in NI and market knocks 10% off shares, meanwhile Marks looks like it may break out yet again.

[philanderer] 05/12/2024 17:30

M&S to demolish Oxford Street store after Rayner approval

Housing Secretary overturns Michael Gove’s decision to block multimillion-pound refurbishment

[bigbigdave] 05/12/2024 16:35

MARBLE ARCH PLANS APPROVED
I am delighted that, after three unnecessary years of delays, obfuscation and political posturing at its worst under the previous Government, our plans for Marble Arch – the only retail-led regeneration proposal on Oxford Street – have finally been approved.

[debsdowner] 04/12/2024 16:23

BigDave,

Retailers share price should do well as Christmas sales figures peak but last month bad for most retail with Marks the exception.

Marks allowing third party brands into it's stores has paid off, both myself and QANTAS said that was the way to go.

Marks was also almost the last man standing on physical stores and it was obvious this would pay off.

[qantas] 04/12/2024 15:42

Ocado has passed a sales milestone as Christmas nearsBy George MacDonald4 December 2024Hannah Gibson
Online grocer Ocado Retail has notched up its best-ever number of weekly orders as shoppers prepare for Christmas.

I’m excited to share that we’ve hit a new record peak of 500,000 orders per week!

It’s a real privilege to provide the weekly shop to half a million households - that’s a lot of customers who have filled their fridges and cupboards, and fed their families, with the food we delivered straight to their doors last week.

We couldn’t have achieved this without the support of our amazing partners, suppliers and colleagues who work tirelessly to ensure we can continue to deliver unbeatable choice, unrivalled service and reassuringly good value for our customers - so THANK YOU!

And of course… we celebrated with food. Thanks Biscuiteers for the special biscuits!

Onto the next 500,000….

hashtag#Ocado500k

[johnwise] 04/12/2024 08:12

First look: M&S opens clothing-only store in Battersea


Marks & Spencer has opened a clothing-only store in London's Battersea Power Station, selling a curated edit of womenswear, menswear and beauty.

The retailer opened its new clothing and beauty location on Monday (2 December), a few stores away from its food hall in the former power station building, which is home to 150 shops, bars and restaurants.

The 8,400 sq ft M&S store stocks the retailer's latest collections across womenswear and menswear, including dedicated areas for Jaeger and Autograph. It also offers click-and-collect services.

The new shop has created 35 jobs and comes as part of the retailer’s £30m investment in its London stores this financial year, which includes two new recently opened food halls in Sidcup and Friern Barnet, and modernising 12 existing stores in locations such as Chancery Lane, Teddington, Blackheath and Islington.

[johnwise] 04/12/2024 07:42

Shein was refused a listing on the New York Stock Exchange
Congress presses Chinese fast-fashion giant Shein on forced labor



City watchdog paves the way for £50bn Shein float despite human rights concerns

[bigbigdave] 03/12/2024 15:51

Thought we might have to wait for January Trading statement for 4 quid but looks like its coming sooner.

[johnwise] 03/12/2024 14:21

YouGov: Marks & Spencer dominates the UK fashion rankings going into Christmas

With a table-topping 50.5% consideration score in the YouGov 2024 fashion rankings, Marks & Spencer will be anticipating bumper Christmas sales.

[debsdowner] 03/12/2024 09:08

BRC confirms retail sales slump for November after BDO survey>



Looks like MARKS however is bucking the trend with an increase in sales.

[xxxxxy] 03/12/2024 08:48

Think recession by May and run on pound...best way exit to USA....maybe here pick up beaten up bits next year...sad stuff...lots of jobs destroyed....Labour isn't worth spitting on.SIGN PETITION PLEASE....yes it matters, it shows sprit of RESISTANCE.

[xxxxxy] 03/12/2024 08:45

Spending on household essentials has fallen at its sharpest pace in five years as Budget gloom hits consumer confidence. Supermarket spend fell 1.8pc last month, according to new figures from Barclays, while spending on essentials, including groceries and fuel, were down 3.1pc over the month. This was the steepest drop since 2019 when Barclays first started collecting the data.Two thirds of people are looking for ways to reduce the cost of their weekly shop, according to Barclays, which cited growing concerns among shoppers about the state of the UK economy. Spending on debit and credit cards was down by 0.5pc in November compared to last year. Jack Meaning, chief UK economist at Barclays, said: "Understandably, a number of factors weighed on consumer spending in November, notably easing consumer confidence post-summer, and expectations that post-Budget, inflation and interest rates will stay higher in the coming months."Confidence in the UK and global economies tumbled last month, Barclays said, while more people were concerned about inflation....Daily Telegraph ...me..I'm not invested here....at least for now.

[johnwise] 03/12/2024 07:01

The Growth to continue:

M&S eyeing up three Norfolk locations to open new stores

A major high-street brand has included three Norfolk spots on a list of places where it would consider opening new stores.

Marks & Spencer has scoured locations across the country to find areas that would be suitable for future shop openings.

Its criteria require a more than two-acre site that could fit a 21,500-square-foot store in a "highly prominent and visible location".

The firm is focusing its search on areas slightly outside cities and towns with access to a major road and space for a car park with at least 150 spots.

[debsdowner] 02/12/2024 10:10

Barney, agreed.

[barneybiggusdickus] 02/12/2024 10:00

Rachel Theives to blame for that.

[debsdowner] 02/12/2024 09:57

QANTAS post ?

Retail sales slump in November worst since pandemic:



Hopefully after MKS update they are doing better than market but fall is concerning.

The economy is worsening however.