Marks And Spencer Share Discussion Threads

[debsdowner] 07/2/2023 17:38

M & Co to close 170 stores after administration

[debsdowner] 07/2/2023 17:36

LIDL is to halve it's store opening in 2023 to 25 from 54 last year



LIDL in High Court battle with TESCO over their yellow circle logo.

[diku] 07/2/2023 17:36

Some market pundits already saying round 2 of inflation spike up coming later this year...

[debsdowner] 07/2/2023 17:30

darrin

"Online non-food sales decreased by 3.6% in January, compared with 24.2% in January 2022 – below the three-month average decline of 2.4% and above the 9.7% yearly decline."



LIDL

"Over the past 12 months, Lidl GB has seen a total of £120m coming from households choosing to shop at the discounter instead of the premium-priced supermarkets amid the cost-of-living crisis.

Shoppers switched nearly £11m from M&S, Waitrose and Sainsbury’s in January this year, an increase of over £10 million year on year, the German discounter said."

[philanderer] 07/2/2023 11:22

According to the latest British Retail Consortium-KPMG tracker, UK retail sales rose by 4.2% on-year in January. Growth slowed markedly from 12% a year earlier. It was also down on the three-month average of 5.2%. On a like-for-like basis, sales rose 3.9% yearly in January, slower than the 4.9% three-month average.

sharesmagazine

[darrin1471] 07/2/2023 10:58

Clothing retailers I follow are saying 4-6% clothing price inflation this year to retain/regain margins. Wetherspoons just increased all price by 7.5% last week.

Was there any sales information for high street vs online?

[philanderer] 07/2/2023 00:16

diku, he sure did


....Warren Buffett has said he regrets 'dawdling' before selling his shares in embattled supermarket Tesco (TSCO) after racking up $444 million (£288 million) of losses on his investment.

[xxxxxy] 05/2/2023 20:24

Amazon is aiming to shed empty warehouses across Britain as it slams the brakes on growth plans after falling to its worst annual loss on record.Amazon is understood to have kicked off work to sublet unused big-box sites in Britain, following years of swooping for more warehouse space across the country. It is estimated to have opened hundreds of warehouses globally during the pandemic, in a bid to make the most of the boom in online spending.... Daily Telegraph

[darrin1471] 05/2/2023 19:41

debs. Wrong link



"Sources cautioned that while Ashley was in pole position to buy both assets, he was haggling over price and it was not certain that the deals would be done."
No sh*t sherlock

[debsdowner] 05/2/2023 17:59

Mike Ashley group is to buy two shopping centres..

Mike Ashley's group still moving forward and I think his group will reap the rewards when we come out of the recession.

[extrader] 05/2/2023 16:28

In the States, Whole Foods is referred to jocularly as 'Whole Pay Cheque'.
Jes' sayin', like,

[darrin1471] 04/2/2023 17:58

I could not see any reference to "Fresh" or "Whole" foods in the Amazon annual report or the Q4 earnings.
Wikipedia says there are 7 whole food stores in London and they closed the others outside London as they were unprofitable.

[diku] 04/2/2023 14:12

You mean the shopper just puts in the bag and says cheerio without paying?...




Following much fanfare over the launch, customers were more than happy to queue for a look inside the new concept shop.

“I’m not sure what I even put in my bag,” one shopper said after exiting. Still, for her, the whole experience had been a “great novelty and a good convenience”.

[essentialinvestor] 04/2/2023 12:43

Perhaps simple...bid for Marks.

Not what I would want to see happen btw, but when you consider how profitable MKS non food space would be for a business with Amazon's buying power - plus the increased margin on the food side given their operational efficiency.

A goldmine for Amazon. Keep the Marks name and brand as per their Whole Foods market acquisition.

[xxxxxy] 04/2/2023 12:40

At least MKS has a working formula.And that is positive.

[xxxxxy] 04/2/2023 12:39

Amazon got the formula wrong......... When shoppers arrived at the opening of Amazon's first Fresh store in the UK to try its "just walk out" technology in early 2021, many found there was already a wait to just get in.Following much fanfare over the launch, customers were more than happy to queue for a look inside the new concept shop."I'm not sure what I even put in my bag," one shopper said after exiting. Still, for her, the whole experience had been a "great novelty and a good convenience".Two years later, the novelty has worn off.On Thursday night, Amazon said it would shut down some stores and pause its current deployment. The online retail giant took a $720m (£590m) writedown on its current bricks and mortar portfolio.Andy Jassy, Amazon's chief executive, said the US giant was "not going to expand the physical Fresh stores" until the company had established how it could provide a "different offering".... Daily Telegraph

[diku] 04/2/2023 10:37

Didn't Buffet make a loss on selling TESCO?....if I remember correctly...

[diku] 04/2/2023 10:36

If you comparing VOD and MKS chalk and cheese then you are comparing yourself with Buffet and Munger...Buffet and Munger invest in huge size so they can call the shots on company performance...and they probably have their own guy at BOD level...you as a retail investor can you call the shots?...as previous poster said they are very selective in their investment...timing is key...comparing chalk and cheese is like FTSE and Dow or S&P...since Y2000 which has performed better?...



VOD and MKS chalk and cheese IMO.

[essentialinvestor] 04/2/2023 09:52

boystown, Mungar and Buffett do not hold forever, although it is continually
trotted out by the media. Even in the early days of their partnership there was
turnover of stocks.

Yes, they are very long-term holders of a very small handful of stocks like KO,
but even Wells Fargo has been dumped.

[boystown] 04/2/2023 09:47

Thanks diku.

VOD and MKS chalk and cheese IMO. VOD has never been a value share AFAIR, but MKS certainly was at a quid, Even now, MKS's ptbv is 1.02, vs VOD's 7.7.

Buffet and Munger have talked about people treating markets like a casino, but they don't have that mentality themselves and nor do I.

Value investing works, but does usually take patience. Paying a decent yield from a position of relative strength is all part of how I value companies.

[diku] 04/2/2023 09:15

Think those divi you quote would have been for 2018 and 2019...the share price at the time was 250 - 300p...Buffett and Munger investing era was very different...investing had a meaning...one of them recently said markets turned into a casino type mentality...speculators traders paradise...divis are only good if the business and share price is in an upward trajectory...VOD has been paying divi all the way down from 200p to 85p...




They paid 11p in 2020, and 17p in 2019, so that's why I'm interested in what the experts think they'll be paying two or three years from now, as I don't think 230p will be reached within a year (but you never know, the way it's going).

[boystown] 04/2/2023 02:31

Zero I think...why you want yield if the share price keeps going up?.

I bought in here in October at 99p after it was flagged on the "Value" thread. But as someone who invests primarily for yield (and who lives off the income) I'm much more interested in longer-term income, following what Buffett and Munger describe as a "hold" strategy (i.e. forever!). That said, I think MKS is worth more like 230p.

They paid 11p in 2020, and 17p in 2019, so that's why I'm interested in what the experts think they'll be paying two or three years from now, as I don't think 230p will be reached within a year (but you never know, the way it's going).

[philanderer] 03/2/2023 23:52

Deutsche Bank raises Marks & Spencer to 'buy' (hold) - price target 210 (145) pence

[diku] 03/2/2023 17:32

Zero I think...why you want yield if the share price keeps going up?...