Marks And Spencer Share Discussion Threads

[diku] 28/11/2022 18:34

Yes Not just warmer weather and consumers cutting back but November has been a washout...rain rain and more rain...

[debsdowner] 28/11/2022 16:07

The CBI have also said retail sales have fallen off a cliff in Noivember which I think is a combination of warmer weathr and consumers cutting back.

[debsdowner] 28/11/2022 16:03

Retailers are sitting on too much unsold stock according to Retail Gazette



MARKS along with other retailers are having to adjust their stock levels and discounting coats earlier than normal it has been a warmer Autumns which has made matters worse.

ASOS is sitting on £1 billion of unsold stock which is alarming.

I am surprised MARKS share price been quiets strong with that news.

[debsdowner] 27/11/2022 15:42

Looks like there have been more redundancies at Joules Head office which will make the group more unstable..



Difficult to say whether there are more redundancies than earlier in the week. The bank will be looking to sell the £20 million head office if they dont'e get a reasonable offer for the group to pay down the debt.

This is the Golden quarter the administrators will be looking to wind this up or sell the business soon after Christmas.

I hope someone can salvage the business but if we see more staff go and shops close it will look like only the brand will be sold.

One way or another I think many shops will go.

MARKS could be mulling over Joules and it would be a good catch.

[debsdowner] 27/11/2022 15:29

darrin I agree with your some of your ccomments on Wilko but, they are having a few difficulties and it would be sad to see them go under.

In the meantime Barclaycard says transactions are up 3.2% on last year but taking account of inflation actual spend must be down

[netcurtains] 25/11/2022 07:31

UK Pensioners will get £600 in their bank accounts from today from the government.
Could be good for retail stocks

[diku] 24/11/2022 23:04

Just like your dogie dogie post 12382...a point less post...try testing your own medicine first before dishing out to others...

[babycheeky] 24/11/2022 22:56

Another pointless diku post.

[diku] 24/11/2022 22:45

Yo babycheeky...you dogie dogie?...

[babycheeky] 24/11/2022 21:31

"I have a lead to who you are . I will pass this on to the poster you are continually harassing and trolling"

LOL You don't LOL but by all means pass what you don't have to Barrie the bankrupt.

[babycheeky] 24/11/2022 21:29

Lapdog alert

Lick lick lick

[shoesize19] 24/11/2022 21:27

Cheeky baby troll.

I have a lead to who you are . I will pass this on to the poster you are continually harassing and trolling

Do you have a mental illness condition ?.

Obviously you act here and on other threads like you have one.

Your posts will get you in serious trouble.

I Will copy and paste this into the other threads you post on .

[babycheeky] 24/11/2022 18:33

In fact where is the old fart ?

Got lost shopping in Lidl ?

[babycheeky] 24/11/2022 18:28

I did say M&S was oversold and would rise and it has

babycheeky - 08 Nov 2022 - 16:41:45 - 12207 of 12378 Marks & Sparks, chat and charts - MKS
Good end to the day for M&S folks.

M&S is a sound well established business with board of directors who know what they are doing despite what Barrie keeps posting here. Oversold and recovery of the share price will continue.

There are some worries in the economy but M&S has seen worse and with it's strong customer base will continue to be the jewel in the UK's retail crown.

Take no notice of the resident knocker Barrie who just want to see everyone else failing as that is all he knows.

[darrin1471] 24/11/2022 16:38

Not only will the mild weather be affecting Autumn clothing sales but also retailers will have booked early deliveries of stock this year as the delays were so bad last year.

Wilko looks safe for the moment but it looks like only a temporary reprieve. Their large retail units are on the edge of the high street, no doubt tied into long leases. Competitors have opened out of town and new competitors will open temporary units in the centre of town. Contrary to normal thinking hard times are particularly hard for incumbent discount retailers.
Wilko are also talking about omnichannel but this is not easy with the cheap and bulky items that Wilko sell. It costs the same to import, store, pick and ship a £70 dress as it does a £5 bath towel.

[netcurtains] 24/11/2022 09:02

M&S are big in shoes

[debsdowner] 23/11/2022 17:39

Blachorse

Thanks for the link but if you replace the first h, by a capital H readers will only need to click onto the link.

So what Bloomber are saying is Hold at the moment rather than a sell. They are saying
is investors have been acting following better prospects in the US on interest rates and invoestors are buying on a recovery.

I think what Bloomberg is getting at is most warehouses full and because the weather has been mind some retailers including Marks have to now discount further and this evidently will hit mnargins.



To be honest I have seaid the same on here and I think Darrin has also posted on these issues.

Bloomberg seem to be pointing the finget at Marks and Adsos, interesting is ASOS is falling to all time lows however MARKS share price gone the other way.

Bloomberg are saying all retailers are vulnerable at the moment.

[blackhorse23] 23/11/2022 13:22

Warning issued for clothing stocks/ brand including mks. https://www.business-live.co.uk/retail-consumer/warning-issued-investors-boohoo-next-25565476.amp

[diku] 23/11/2022 08:59

That chart looks good for the moment...

[xxxxxy] 23/11/2022 08:06

The UK will be the fastest-growing economy in the G7 again this year, says OECDBrexit Britain is set to beat USA, Germany, France, Italy, Japan and Canada?Montage © Facts4EU.Org 2022Despite this good news, yesterday the anti-Brexit BBC was at it againToday Facts4EU.Org counters yet another BBC attack piece on the UK's fortunes. Choppy waters may lie ahead but economic forecasting does not have a good track record – something the BBC failed to mention.We present the OECD's forecast for this year and ask: "Will the UK's state broadcaster ever stop talking the country down?"BREXIT FACTS4EU.ORG SUMMARYBrexit Britain tops the table of G7 major economies for predicted economic growth in 2022United Kingdom : 4.43%Italy : 3.70%Canada : 3.25%France : 2.55%United States : 1.85%Germany : 1.77%Japan : 1.57%[Source: OECD official forecast, 22 Nov 2022.]?© Brexit Facts4EU.Org 2022 - click to enlarge

[blackhorse23] 22/11/2022 21:37

Clothing sells in trouble but electronics sells is booming , good news for CURY (LSE) , AO. https://www.business-live.co.uk/retail-consumer/warning-issued-investors-boohoo-next-25565476.amp

[blackhorse23] 22/11/2022 21:22

https://www.business-live.co.uk/retail-consumer/warning-issued-investors-boohoo-next-25565476.amp

[xxxxxy] 22/11/2022 21:12

Danish Crown's new factory, which is its first UK production facility in three years, will have the capacity to produce more than 900 tonnes of bacon and gammon per week when it is fully operational. It is expected to be up and running in the second half of 2023. The company is also hoping to crack down on food waste by using bacon offcuts in other products such as sausages. Despite the issues caused by Brexit red tape, Mr Valeur said he had confidence in the UK's prospects. He added: "There's a lot of headwinds but I am proud to be able to create some jobs here."The UK has the highest consumption per capita of bacon in Europe at 3kg a year, significantly higher than other European countries such as Denmark which has the second highest consumption at around 1.9kg, according to data experts Kantar.More households are opting for cheaper cuts of meat such as gammon and bacon, Mr Valeur added, as the cost-of-living crisis piles pressure on finances.... Daily Telegraph

[debsdowner] 21/11/2022 17:27

2trying, MARKS supplying more brands in Ted Baker is interesting they are not missing a trick at the moment.