Marks And Spencer Share Discussion Threads

[johnwise] 17/7/2024 13:29

"Net Zero push"

Do the public realize that by voting for net zero they’ve committed themselves to consuming less, because that’s the only way it works. And that by consuming less it means less consumer spending so the economy will slow. No point in "going green" when the green is being built over and the population is being increased at an ever increasingly unsustainable rate.

King's Speech bombshells in full - from the controversial new laws to what wasn’t included

[debsdowner] 17/7/2024 10:02

Inflation held steady with clothing inflation falling, however service inflation still high..



With service inflation still sticky BOE may not cut interest rates in August.

[johnwise] 17/7/2024 08:40

bp pulse opens first EV charging hub at M&S store

bp pulse today announces that it has opened its first EV charging hub[1] as part of its exclusive agreement to roll out EV charging at M&S stores across the UK signed in 2022. The hub, located at the M&S store in Cheshunt, is the first of a number that are planned to be rolled out across M&S stores in the UK.


Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore

[johnwise] 17/7/2024 08:16

M&S in Newton Mearns set to reopen after 'transformation'

M&S (Marks & Spencer's) on Ayr Road in the town will officially reopen on Tuesday, July 23.

It comes after we reported the retailer shut its doors on June 15 to transform into a fresh-market-style food hall.

[qantas] 16/7/2024 19:53

Debsdowner thank you

[philanderer] 16/7/2024 14:26

Ocado opens door to US listing after pressure from investors

[debsdowner] 16/7/2024 09:38

QANTAS,

OCADO fastest growing grocery market share in last 12 week period..



LIDL was the second fastest followed by Sainsburys, Tesco.

ASDS again was the laggard with a fall in grocery market sales.

[qantas] 16/7/2024 09:10

Robots Direct good news Robot will be so happy.

[johnwise] 16/7/2024 08:12

Giving chickens more space is only half the job. We need breed change

Shifts in stocking density are clearly the flavour of the month. M&S recently announced its birds will have more space by May 2025 in line with the Better Chicken Commitment (BCC), and Aldi has pledged to give its birds more space too.

M&S and Waitrose can be proud that they are continuing to move towards a full BCC commitment, and the rest of the supermarkets should follow their example.

[ayl30] 16/7/2024 07:37

Ocado retail operation improving"Ocado Retail revenue grew by 11.3% in 1H24 driven by growth in average orders per week of +9.2% to 428k, with growth in eaches of 9.5%. This delivered adjusted EBITDA* of £20.7m in 1H24 (1H23 £(2.5)m) with the business on track to deliver guidance of a FY24 adjusted EBITDA margin* of 2.5%, excluding Hatfield fees of circa £33m per annum."

[philanderer] 15/7/2024 23:55

Chris Beauchamp at IG said the read across from Burberry has hit both retailers and the mining sector.

"It’s not often the two are moved by the same story. The former have been hit by worries that Burberry’s problems are not an isolated case, and that UK consumer spending is on a downward trajectory.


proactiveinvestors.co.uk

[1mikejay] 15/7/2024 14:14

Like they have never done that before now.

[philanderer] 15/7/2024 14:00

Tesco takes on Waitrose and M&S in premium range fight

[debsdowner] 15/7/2024 09:56

Burberry sees a significant sales fall..



The lower goods market being hit such as ASOS and BooHoo and the premium market being hit.

Too early to say how Marks are doing but it could be more difficult as the cost of living gets worse.

[johnwise] 12/7/2024 11:07

M&S to expand convenience stores with 10 new openings and 50 renewals

M&S has unveiled plans to bolster its convenience store footprint this year as it looks to grow the £1bn business.

With its franchise partners, the retailer said it will open at least 10 new stores and renew up to 50 existing convenience locations across the UK.

M&S said that by the end of the year, it will have a presence in over 40 UK train stations as well as in hospitals and airports.

[philanderer] 12/7/2024 11:02

Columbia’s Smith applauds M&S


Marks & Spencer (MKS) is proving the ‘reshaping and modernising’ of the business is working, says Columbia Threadneedle’s Jeremy Smith.

The Citywire Elite Companies A-rated retail stalwart is the fifth-largest holding in Smith’s CT UK Equity Alpha Income fund, where it makes up 4% of the £131m portfolio. The shares rose 1.5% to 301.2p on Thursday, extending gains to 55.5% over the past year. They hit a high in May on the back of full-year results that showed increased sales and forecast-beating profits.

The food and clothing and home divisions all increased margins and market share, with both growing consistently for 12 consecutive quarters.

‘Chief executive Stuart Machin highlighted this as a sign that the company’s reshaping plans are starting to pay off,’ said Smith.

‘The firm’s cost savings and efficiencies are now bearing fruit as well, and M&S raised its cost-saving targets and expressed confidence in increasing volumes over the year ahead.’

The group has also turned free cashflows positive and reduced debt.

‘We are encouraged by how M&S’s management is reshaping and modernising the company, and we feel the digital business, where the firm currently lags its peers somewhat, has potential for expansion,’ said Smith.

‘Meanwhile, the shares are still reasonably valued, with a high free cashflow yield.’


citywire.com

[johnwise] 11/7/2024 14:14

M&S launches new phase of Farm to Foodhall campaign

Marks and Spencer have today launched the latest phase of the Farm to Foodhall campaign, with a new ad featuring one of M&S producers, a Co. Dublin based Bakery, featuring head of New Product Development, Susie Hill, and M&S food ambassador, Mark Moriarty.

[debsdowner] 09/7/2024 15:13

Card spend is down says Barlaycard, poor weather part the blame..

[philanderer] 09/7/2024 11:38

Retailers are down......disappointing BRC Retail Sales Monitor print for June. Poor weather conditions caused a 0.5% fall in year-on-year retail sales in the month.

[johnwise] 09/7/2024 08:36

Spencer Matthews strips down to his underwear for new M&S campaign video with Mark Wright

[johnwise] 09/7/2024 08:09

Stowmarket's M and S store still in the planning stages

An M&S Foodhall supermarket is still under planning and there are aims to begin development this year, it has emerged.

The retail park development containing the Foodhall is east of Stowmarket's Tomo Road Business Park and would consist of three retail stores.

M&S Foodhall has already signed up to take one space.

[debsdowner] 09/7/2024 07:51

Retail sales fell more than forecast as wet June put of consumers particularly for non food such as clothes and DIY....



July weather isn't much better and started off cooler and unsettled and it would not surprise me if July retail sales are also down when they report next month.

[johnwise] 08/7/2024 08:14

M&S

One retailer has made bigger gains over the past two years as an overall favourite than any other:

M&S. As the favourite of 11% of respondents, the retailer is one percentage point up on last year and three ahead of where it was in 2022.

“M&S has made some quite big leaps in terms of how many people shop at them, and they remain the clear leader on this survey for ethics, environment and quality” says Watkins.

The retailer’s share of grocery was up year on year from 3.4% to 3.6% in NIQ’s June data, boosted by its store renewal programme and its simultaneous focus on value and quality.

Its latest ethical move came just this week, as it cut chicken stocking densities in its latest step toward full compliance with the Better Chicken Commitment, a set of welfare standards agreed by animal protection charities.

“Like Sainsbury’s, M&S’s success is quite broad, across a number of attributes,” adds Watkins.