Marks And Spencer Share Discussion Threads

[philanderer] 31/1/2024 13:32

Rich , charts aren't always reliable ;-)


H&M chief quits amidst sales slowdown

[richtea2517] 31/1/2024 12:36

That will be a nice entry price

[philanderer] 31/1/2024 12:27

MKS has lost it's mojo.

Chart breaking down. Support at 220p

[qantas] 31/1/2024 07:27

Debsdowner good morning what does this article mean?

[debsdowner] 30/1/2024 12:34

Frasers group to take over John Lewis store in Peterborough

[debsdowner] 30/1/2024 11:37

Grocery price inflation slows, ALDI, LIDL, SAINSBURYS lead market share...



Sainsburys will be pleased at their growth.

[debsdowner] 29/1/2024 11:48

SUPERDY exploring options......

[johnwise] 28/1/2024 16:44

VIDEO
I'm suing David Lloyd Gyms for Failing to Provide Girls with Privacy & Dignity in Changing Rooms

[pdosullivan] 28/1/2024 12:01

John Lewis turns over 10bn sterling a year, the same as Marks and Spencer UK. If more John Lewis and Waitrose customers switch to MKS, this will be transformative for the bottom line.

[debsdowner] 27/1/2024 16:26

Confirmation of John Lewis job cuts, plans to cut 10% of woekforce over 5 years..



John Lewis got quite large debts and is clearly struggling. It has lost it's way.

[debsdowner] 26/1/2024 16:54

John Lewis hints at job cuts

[debsdowner] 26/1/2024 16:51

SUPERDRY next company at risk of going bust...

[blackhorse23] 26/1/2024 13:18

https://uk.finance.yahoo.com/news/supermarket-sandwiches-become-more-expensive-135739451.html?guce_referrer=aHR0cHM6Ly90LmNvLw&guce_referrer_sig=AQAAADpF6Kb0phjtZVO90upDK-MOCcR9OWuIeGxbnmMY62gvJ3BjXGSmuQy72Ln13am5c9FUjtR0IFDhJtx6mUUDXq47ZsbOesyhxSbZVbMbWB-Uv-TWCZsHmG2kXZJNIASjqKiC3mhtxsS6TBOaz5esQxx3vnmeJBlpnlny-B4UTHja&guccounter=2

[johnwise] 26/1/2024 07:04

Marks & Spencer makes new senior appointments to drive next phase of transformation


Marks & Spencer has made two new appointments within its senior team.


Rachel Higham has been hired as chief digital and technology officer while Mark Lemming is to be promoted to the role of managing director of international.

Due to join M&S later this year, Higham is currently chief information officer at WPP. Prior to this, she was managing director for IT at BT Group and managing director for Asia in BT’s Technology division. She has also held senior roles at Vodafone, ACE Group and in the banking sector.

Meanwhile, Lemming will move from his current role of clothing and home supply chain and logistics director in the new financial year. He joined M&S two years ago from Screwfix where he ran the international division.

Both roles will sit on the executive committee.

M&S chief executive Stuart Machin said: “These two new leadership appointments reflect the importance of digital and technology and capital-light International growth to the next phase of our transformation.

“As I set out at our recent capital markets day, we have more to do in both of these areas and so much opportunity. Rachel and Mark are a fantastic addition to the executive team and I am confident that, with their leadership, we will accelerate the pace of change in the business as we reshape M&S for growth.”

[philanderer] 26/1/2024 00:04

Marks & Spencer names new digital and international bosses

[philanderer] 22/1/2024 14:56

Struggling recently


'M&S Food invests in price of over 200 products as part of trusted value promise for 2024'

[1mikejay] 22/1/2024 11:34

https://uk.finance.yahoo.com/news/marks-spencer-share-price-down-083100390.html

[eeza] 19/1/2024 19:05

Chart gap just below
238p down to 225p.

[philanderer] 19/1/2024 14:24

Retail sales in Great Britain plummet as Christmas shoppers cut back.

December figures show biggest monthly fall since shops were forced to close during pandemic in 2021

[debsdowner] 19/1/2024 13:00

steeplejack,

I concur with your comments on John Lewis they seem to have lost their way and MARKS could be gaining from their mistakes.

cc...Andrew,

Marks employees done very well with their shares in the company. Shares slipping recently have dissapated some of the gains however.

QANTAS,

Store closures and relocation.

....

Retail sales data which showed a fall in retail sales in December further hitting retailers today.

[qantas] 19/1/2024 09:43

Please do your own research as always follow FCA guidelines.

[johnwise] 18/1/2024 12:17

M&S to invest £30mn in Scottish stores, but will close Aberdeen St Nicholas branch

M&S has unveiled plans to invest £30mn in bricks and mortar stores across Scotland, but as it puts £15m into its Aberdeen Union Square retail park store it will close the city-centre St Nicholas site.

[darrin1471] 16/1/2024 19:55

Ocado retail. M&S joint venture.

Q4 Retail revenue of GBP609.4m grew 10.9%
Volumes (total items) grew consistently over the period, up 4.8% year-on-year. -- Average orders per week (Ocado.com) of 407,000 grew 6.3% year-on-year.
Active customers reached 998,000 at the end of Q4, up 5.9% year-on-year.
Demand was high and we sold over 90% of peak Christmas slots released (22nd-24th) by mid-October. Between December 20th and 24th, sales overall increased 7% and eaches were up 3% including a record day for "eaches" (number of items) delivered on the 23rd December.
Overall revenue growth in FY24 is expected to be in the mid-high single digits
This year we expect to make further progress on increasing efficiencies and demonstrating operational leverage while continuing on our journey towards a high mid-single digit EBITDA margin in the midterm.

I thought Ocado were supposed to be the "worst performer" "where sales grew by a mere 0.5 per cent" according to Kantar in post 13561

[philanderer] 16/1/2024 13:52

Shares in Ocado (OCDO) were up over 6% to 661p in morning trading as the online grocery retailer said retail revenue for the 13 weeks to 26 November 2023 grew by 10.9% to £609.4 million.

The 50-50 joint venture between Ocado and Marks & Spencer (MKS) added that volumes of total items ‘grew consistently’ over the period, up 4.8% year-on-year.


sharesmagazine.

[1mikejay] 16/1/2024 13:03

The share price had momentum and were heading I think to 3 pound