Marks And Spencer Share Discussion Threads

[xxxxxy] 06/12/2022 08:47

7:48AMUK 'sleepwalking' into food supply crisis, warns NFU????A farm in Chipping Campden, Gloucestershire CREDIT: AndyRoland/iStockphotoThe UK is "sleepwalking" into a food supply crisis, the country's union for farmers and growers has warned.Ahead of an emergency press conference today, the National Farmers Union (NFU) has said the Government needs to step in to help crop growers, cattle rearers and other food producers under severe strain from soaring fuel, fertiliser and feed costs.Union president Minette Batters said egg shortages "could just be the start" as multiple farming sectors were impacted.Ms Batters told the BBC: Shoppers up and down the country have for decades had a guaranteed supply of high-quality affordable food produced to some of the highest animal welfare, environmental and food safety standards in the world. But British food is under threat... at a time when global volatility is threatening the stability of the world's food production, food security and energy security.I fear the country is sleepwalking into further food supply crises, with the future of British fruit and vegetable supplies in trouble.... Daily Telegraph

[philanderer] 06/12/2022 00:15

UK retailers boosted by November sales of winter coats and hot water bottles

[debsdowner] 05/12/2022 14:50

darrin, what I am trying to oonvey is the online were way overvalued in the first couple of years and although they are more realisticaly valued now many shareholders have lost money in the process.

Also invistors in Joules have got well and truly shafted with their investments the company could have raised money when they bought out Garden Trading but it's the debt which killed the company.

Also the founders of these companies make a lot of money when they are listed but less willing to support shareholders when things go wrong.

[darrin1471] 05/12/2022 09:29

Thread. Interesting MKS addition. Tough for Thread crowdfunded investors. MKS were talking about a personalised omnichannel offering. This appears to be part of this strategy.
MKS has been a bit fuddy-duddy for decades. Archie Norman has reinvented MKS with the addition of Ocado, moving the historical estate off the high street and now the omnichannel offering. I invested in MKS originally as a covid bounce back but I now see a path to them regaining their status as the UK most profitable retailer.

[netcurtains] 05/12/2022 07:46

2trying: You broke the thread. Link below is yours but without the break

[darrin1471] 04/12/2022 22:15

Debs you are so wrong.
Boohoo has been listed 8 years. In the last 5 years turnover has gone from £500m to £2bn, making profits all but one year. Covid hit international sales but next year they open a US warehouse and they have just gone online in India with one of the largest online retailers.
Tom Joule grew Joules up from nothing. By investing in the buyout from administration, he has secured the jobs of the loyal staff who helped him grow the business

[debsdowner] 04/12/2022 21:23

2trying, yes another stitch up forgive the pun, but managment mess up and then look for a white knight to take them on, stitch up shareholders who have supported the company then keep theor jobs working for or in colaboration with their new backers.

With regsards to Joules they big mistake was to buy Garden Trading with too much debt if they hdn't have done so they may still have been a listed company and got through with less debt..

What is even more disguting so far as Joules is concerned if the Founder here may many millions on the IP has had dividends and directors pay up to a fey years agom,then has a second bight of the cherry with taking a stake from administrators.

As ever shareholders are last in que of creditors as they are unsecured creditors and I suspect some of the suppliers or lease holders may also get screwed up but only adminstrators know tjhat at the moment.

All I can say is be careful with small compaies and in particular ipos many like BooHoo and ASOS haven't lived up to expectations.

[2trying] 04/12/2022 13:48

good news- bad news - do we care? what thoughts?

[philanderer] 03/12/2022 23:59

Investors' fury as Thread unwinds and M&S steps in to take control: Out-of-pocket crowdfunders claim fashion site founders left them in dark over deal

[debsdowner] 03/12/2022 15:19

Qute a lot of retailers bounced back which is not unusual up to and even after Christmas then some will fall with a bump.

[debsdowner] 02/12/2022 20:43

Morrisons debt pile worrying and its debt been downgraded again



Morrisons been pushing up prices faster than rivals but been losing market share and although that may continue they will also gain from the buyout of McColls.

Where they will be in say 5 years time is another matter or maybe three years time if ALDI and LIDL continue to take market share and also the ISSA brothers are upgrading their petrol forecourts to convenience stores.

[xxxxxy] 02/12/2022 18:17

Last dividend 10 January 2020.....3.9pComing to 2023.Economy crucified by Net Zero Climate change Fanatics.

[xxxxxy] 02/12/2022 18:14

Dividends please. Even little ones to show good faith. Tiny ones then.

[xxxxxy] 02/12/2022 18:12

15kg.....MARKS and Spencer is the latest supermarket to trial paper bags in a bid to tackle plastic waste and help the environment.The retailer is trialling the new bags across 10 selected stores in the UK this month to "gauge customer demand"....The Sun

[debsdowner] 02/12/2022 15:25

TESCO boss reiterates what he has been saying for some time shoppers trading down looking for reductions and buying more frozen foods instead of fresh.

[philanderer] 02/12/2022 11:08

Morgan Stanley reinitiates Marks & Spencer with 'equal-weight' - 146 pence

[debsdowner] 02/12/2022 10:34

Twelve months which ened Joules as a listed company:

[debsdowner] 02/12/2022 10:28

Both Frasers and MARKS will be a little miffed about NEXT trumping their bids for Joules but it is an uncertain market so time will tell how it performs. But under NEXT platform Joules should do quite well.

Pity MARKS could't have bought Joules but a bidding war could have pushed the price too High.

At one time however Joules market cap was well north of £100 million shareholders got well and truly shafted with their investments and will be wary of new IPOS.

[ccsicemanandrew] 01/12/2022 14:23

Retailer Joules rescued by Next.74% stake in the business19 stores to close

[darrin1471] 01/12/2022 14:22

Tom Joules and Next buy out Joules from administration for a total cash consideration of GBP34m. In addition, Next has acquired the current Joules Head Office for GBP7m cash.
Next will own 74% of the equity of the Company, with the remaining 26% owned by Tom Joule

[xxxxxy] 01/12/2022 07:36

Shoppers once spent hours browsing the rails to find the perfect outfit, but M&S believes computers will soon take this task out of your hands.The department store has acquired technology start-up Thread, an online retailer that uses artificial intelligence to pick and recommend clothing for shoppers.Thread has been snapped up as part of a pre-pack administration, an arrangement where assets are sold off ahead of insolvency. M&S will bring on 30 staff from Thread, as well as taking on its intellectual property and artificial intelligence know-how.After historically struggling to compete online against rivals including tech giant Amazon and high street stalwart John Lewis, M&S has ploughed cash into digital deals and tech hiring in recent years.Thread, founded by Kieran O'Neill and Ben Phillips in 2012, developed an app that asked customers to fill in questions about the kind of outfits and clothing they typically liked. It would then pull items from a vast array of brands to present suggested shoppable looks, saving customers the hassle of browsing the web for the right items..... Daily Telegraph

[xxxxxy] 30/11/2022 20:46

Stopped adding to MKS. See how it goes.Require dividends now. Even little ones. Helps confidence, to be honest.

[xxxxxy] 30/11/2022 20:45

Looks good enough to eat.