Marks And Spencer Share Discussion Threads

[darrin1471] 29/12/2023 11:10

"The Times picks MKS as one of its 5 tips for 2024"

They should have picked it in 2023

[ccsicemanandrew] 29/12/2023 10:51

The Times picks MKS as one of its 5 tips for 2024.

[evianone] 29/12/2023 09:11

Don't thing they will short M&S at this stage of the game with a trading statement coming on 11-1-24

[eeza] 28/12/2023 23:22

hxxps://www.thetimes.co.uk/article/hedge-funds-set-to-profit-from-retail-slowdown-tngdvhf5z#:~:text=The%20online%20fashion%20retailers%20Boohoo,with%20the%20Financial%20Conduct%20Authority.

[darrin1471] 28/12/2023 10:54

Lidl "latest accounts showed a £76m pre-tax loss for the chain in the year to February 2023, after interest paid on its borrowings nearly trebled to £108m."
"The retail giant also has nearly £3bn worth of debt.
Despite the heavy losses, Lidl sales rose nearly 19% to £9.3bn over the year as its market share rise from 6.1% to 7.1%, marking its fastest growth in the past five years."

[darrin1471] 28/12/2023 10:41

"Full-day footfall was up by 4% compared with 26 December 2022"

"retailers including John Lewis, M&S, Next, as well as Poundland and The Range did not reopen on Boxing Day. Supermarkets Aldi, Iceland, Lidl and Waitrose also remained closed."

[darrin1471] 28/12/2023 10:39

Turkeys marked 28th will be marked down on the 28th. Same as last year.
Christmas cake etc dated February is marked down to clear on the 27th and reduced again a few days later, the same as last year.

[philanderer] 28/12/2023 00:28

Boxing Day footfall in central London returns to pre-pandemic levels

Influx of high streets shoppers should cheer retailers with numbers up by nearly 9% on 2022

[eeza] 27/12/2023 18:46

"Full-day footfall was up by 4% compared with 26 December 2022 on a national level, according to figures from the retail analysts MRI Software, improving on initial estimates at midday of a 1.4% increase.
On high streets the picture was even better, with a full-day rise of 8.8% year on year."

[darrin1471] 27/12/2023 15:57

Boxing Day footfall has edged up slightly, but visits to stores continue to remain below pre-pandemic levels as some retailers remained closed on the day after Christmas.
The number of shoppers at retail locations on Tuesday were up by 1.4% on last year, thanks to a rise in visits to high streets and retail parks, according to preliminary data from retailer data company MRI Software.
However, compared with levels in 2019 – before the first coronavirus lockdown – footfall was down by about 30%.
The subdued numbers come as retailers including John Lewis, M&S, Next, as well as Poundland and The Range did not reopen on Boxing Day. Supermarkets Aldi, Iceland, Lidl and Waitrose also remained closed.
It is estimated that shoppers spent around £3.7bn this Boxing Day, 3% less than last year, according to GlobalData research for the VoucherCodes website.

[philanderer] 27/12/2023 11:28

Difficult to tell how it's gone..


'Christmas Eve footfall down by a third as shoppers shun the high street'

Last-minute sales hit by Sunday trading hours



shopping-sales-down-third-online/

[ayl30] 27/12/2023 07:12

Mastercard data released today re Xmas retail spending should help MKS clothing sales

[darrin1471] 26/12/2023 11:24

My local M&S foodstore sold through on Christmas Eve with very few markdowns. Sainsbury's is open today but M&S is closed.

[johnwise] 26/12/2023 10:41

UP TO 50% OFF

In Store from 27 December

[johnwise] 23/12/2023 22:28

Festive Marks & Spencer sauce divides opinion with foodies -
but shop insists it a 'must have' for Christmas

[bigbigdave] 23/12/2023 18:30

Got a link to that kazjak?

[kazjak1966] 23/12/2023 18:00

Stuart Machin CEO has spoken to staff this afternoon thanking them & saying it’s the best Christmas in M & S history exceeding there expectations in all departments. Obviously couldn’t give figures till the market update in January, fill your boots!!

[darrin1471] 23/12/2023 14:40

I went in lunchtime Thursday and shelves were full, aisles were blocked by stock in green crates. Peaked through the warehouse doors and it was full of green crates. Car park was full of cars, all tills were open with customers 3 deep.
I tend to go out Christmas Eve to tour the shops to see who has no stock left. I went in before New Year last year and picked up a £120 turkey for £18 from M&S.

[bigbigdave] 23/12/2023 13:15

MKS rammed yesterday when I was collecting my Turkey, shelves were emptying faster than staff could re stock them. All aisles were gridlocked with trollies.

[debsdowner] 22/12/2023 17:02

QANTAS Mwrry Christmas best wishes to you and ROBOT and hope you have a successful New Year.

[philanderer] 22/12/2023 15:39

UK retail sales volumes rose by 1.3% in November compared with the prior month, boosted by heavily discounted Black Friday deals, according to official data published on Friday.

The change followed zero growth in October, which was revised from a fall of 0.3%, said the Office for National Statistics.

“Retail sales grew strongly in November as heavy Black Friday discounting encouraged shoppers to spend. However, with the three-month trend continuing to fall and overall sales still below pre-pandemic levels, it’s still a challenging time for retailers," said Darren Morgan, the ONS director of economic statistics.

“In the latest month, household goods retailers, clothing shops and department stores all reported robust sales, with computer stores, sports equipment, toy shops and cosmetics stores particularly benefitting from the impact of their Black Friday promotions."



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[carcosa] 22/12/2023 07:27

British retail sales rebounded far more than expected in November, pointing to improvements in the Christmas shopping season after two disappointing months.

[philanderer] 21/12/2023 14:05

Downturn in UK retail sector deepens in December - CBI


The downturn in the UK retail sector deepened in December following a disappointing festive period, according to a survey released on Thursday.

The latest Distributive Trades Survey from the Confederation of British Industry showed that the retail sales balance fell to -32 from -11 in the year to November. This marked the eighth consecutive monthly decline.

The balance for expected sales for the next month also declined, to -41 in December from -6 the month before.

CBI principal economist Martin Sartorius said: "The retail sector ended 2023 on a glum note, with the ongoing downturn in sales volumes deepening during the crucial holiday trading period. Looking ahead, retailers are bracing themselves for a New Year’s chill, as sales are set to fall at an even quicker pace next month.

"Strained household finances and higher interest rates continue to take a toll on consumer spending, suggesting that retailers will have to navigate a tough demand environment in the months to come.


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[qantas] 21/12/2023 09:27

Debsdowner wishing you and Robot a very Merry Christmas and Happy New Year 2024

Marks & Spencer Group PLC gained 1.4 percent to 269 pence. The stock has not closed at a higher price since May 2019. The stock has thereby closed up nine out of the past 11 days. It was also high volume. Overall it was traded for 9247 millions pence in the stock, which is six times as much as normal daily turnover. Technically it also looks good. The stock is trend wise positive in the medium term, has support at 236 pence and a further increase is indicated.

Please do your own research as always.