Marks And Spencer Share Discussion Threads

[qantas] 01/8/2024 07:50

Debsdowner re price rise do you think Ocado is going to big for MKS?

[johnwise] 30/7/2024 19:34

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[johnwise] 30/7/2024 18:35

M&S is opening a second store in Battersea Power Station


Marks & Spencer has announced that it’ll be opening a new store in Battersea Power Station this November.

If you’re thinking: ‘isn’t there already an M&S at Battersea Power Station?’, you’d be correct. Marks and Sparks currently has a food hall in the swishly-refurbed industrial titan, which since opening in late 2022 has become one of London’s most popular attractions. The new M&S will be the chain’s second in the building and a ‘clothing and beauty’ outpost.

The massive new 8,400-square-foot store will build on the brand’s existing presence at the shopping centre, and it’ll feature womenswear, menswear, beauty, and accessories.

The new M&S will also create 30 new jobs, and it’s part of a wider commitment by the retailer to invest more than £30 million in its London stores. The capital already saw a market-style food hall open in Sidcup (southeast London) in June, and another is due to open at Friern Bridge Retail Park (in Barnet, north London) this August.

[debsdowner] 29/7/2024 11:06

Retail sales tumble again, poor weather blamed again with outlook the same..

[philanderer] 29/7/2024 10:26

Financial Times:

Ocado boss Tim Steiner has said he intends to retain the group’s stake in its venture with M&S after its five-year anniversary, which allows either side to sell their shares to the other.

[philanderer] 29/7/2024 09:50

RBC raises Marks & Spencer price target to 350 (325) pence - 'outperform'

[johnwise] 29/7/2024 09:30

M&S': How The High Street Store Won Summer

[debsdowner] 29/7/2024 09:30

Ted Baker to close all it's UK stores...

[qantas] 28/7/2024 07:49

Fun fact more good news ft.com

Ocado chief to keep stake in Mark's and Spencer joint venture.

Five year anniversary.

[debsdowner] 25/7/2024 16:04

QUANTAS,

"Ocado and M&S have been named the fastest growing retailers over the past 12 weeks, with sales up 12.9% and 8.6%, respectively."

Unfortunately KANTAR doesn't include MARKS in their monthly data on grocery market share.

Moreover Neilson (NIQ) data isn't published on a regular basis.

However looking at the data from the link you have placed on this forum this is probably why the share price has spiked up recently.

What we don't have is the non food side and we will have to wait for a trading update in that respect.

[johnwise] 25/7/2024 08:53

M&S partners with Cygnet Gin founder

Katherine Jenkins OBE, the founder of Cygnet Gin, has been named a food ambassador for British retailer Marks & Spencer (M&S).

Jenkins said: “I’m absolutely thrilled to join the M&S family as their newest food ambassador. Growing up in Wales, M&S was always the go-to destination for the most sustainable top- quality food and drink and so it was already a perfect match for my beloved Cygnet Gin, which I’m delighted is now on shelves in more Foodhalls than ever before.”

[qantas] 25/7/2024 02:55

Fun Fact more good news



OCADO AND M&S NAMED FASTEST GROWING UK SUPERMARKETS

Please do your own research as always and always follow FCA guidelines

[debsdowner] 24/7/2024 10:41

Luxury market being hit by Chinese buyers but I suspect it is mainly London...

[johnwise] 24/7/2024 07:37

M&S Newton Mearns has reopened after huge investment

M&S opened its store in the town on Tuesday, July 23, after it had been shut for almost six weeks.

The shop was closed to allow refurbishment work to take place as part of a £3.2million investment.

Scroll down page for photos.

[johnwise] 22/7/2024 18:15

Alexa Chung’s Favourite New Sunnies Are £20 From M&S

[johnwise] 22/7/2024 10:00

Bento opens sushi bar in M&S Grafton Street


The opening of the kiosk in the Grafton Street store has created seven jobs in the local area

Bento Sushi and Pan-Asian Kitchen has recently opened a sushi bar in M&S Grafton Street, creating seven new jobs.

The opening of the new Dublin city outlet follows the success of its kiosks in M&S stores in Liffey Valley, Dundrum, Blackrock and Mary Street.

Commenting on the opening, Laura Harper, M&S trading director Ireland and Northern Ireland, said: “M&S customers expect quality produce at great value, and Bento certainly meets that criteria.

“We have already seen great success of Bento at our other M&S stores across Dublin and are delighted to expand this offering to our Grafton Street customers.”

[debsdowner] 22/7/2024 09:43

With regard to the surge in Marks share price it doesn't really surprise me as I had a longer term price the current target and so did some of the other analysts.

Most the new brands must be making the difference and the food business doing well.

[debsdowner] 22/7/2024 09:40

darrin,

You been quiet on here for a while ?

John Lewis is to tie up with Timpson for a repair service.

Marks and a few others have a repair service but it will only take up a tiny part of a retailers service as it simply is too costly for a lower priced garment. I suspect in some cases the repair will be half the garment new cost or at the very least 25% to 33%.

Any thoughts on the repair cost darrin?

[darrin1471] 22/7/2024 08:17

Qantas. That was your 15,000th post.

[johnwise] 22/7/2024 08:07

Marks & Spencer's £49.50 fisherman sandals are giving us major designer vibes

They're the style of the moment

Looking to invest in a great-value high-street pair? We have good news for you. Marks & Spencer has released its own take on the footwear style of the moment, and it's giving us major designer vibes (think The Row's £1k fisherman sandals of dreams, for a fraction of the price) .

[johnwise] 22/7/2024 06:46

Ex-Asos chief Nick Beighton joins Shein backlash


The former boss of Asos has joined growing criticism of fast fashion giant Shein in asking whether it should list on the London Stock Exchange.

Nick Beighton, who turned Asos into one of the UK's biggest clothing retailers as chief executive from 2016 to 2021, is the latest industry figure to raise questions about the Singapore-based firm. Shein is reportedly seeking to join the market in a £50 billion float.

'Some of how it is producing garments, the lack of transparency, its renowned opaqueness, makes me very nervous,' he said. 'I think the London Stock Exchange should be the premier place for the best brands, the best industries, and the highest standards.'

High Street retailers are also unhappy because Shein dodges hefty customs duty as it ships direct to online shoppers from China.

[cheaky monkey] 19/7/2024 14:21

Indeed, nice to see though ?

[gswredland] 19/7/2024 14:13

Wonder what has suddenly caused this surge forward?

[debsdowner] 19/7/2024 10:44

Retail sales slumped in June more than expected..



Early July not much better imo due to poor weather.