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MKS Marks And Spencer Group Plc

286.50
-7.40 (-2.52%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marks And Spencer Group Plc LSE:MKS London Ordinary Share GB0031274896 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.40 -2.52% 286.50 286.40 286.60 295.00 286.00 294.70 5,170,171 16:35:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc General Mdse Stores 13.04B 431.2M 0.2106 13.59 5.86B
Marks And Spencer Group Plc is listed in the Misc General Mdse Stores sector of the London Stock Exchange with ticker MKS. The last closing price for Marks And Spencer was 293.90p. Over the last year, Marks And Spencer shares have traded in a share price range of 184.05p to 313.80p.

Marks And Spencer currently has 2,047,653,514 shares in issue. The market capitalisation of Marks And Spencer is £5.86 billion. Marks And Spencer has a price to earnings ratio (PE ratio) of 13.59.

Marks And Spencer Share Discussion Threads

Showing 17726 to 17742 of 28500 messages
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DateSubjectAuthorDiscuss
17/8/2020
09:22
robot,

No sooner does Jamie Redknapp tip of the press like most of them do over his new girlfriend then Louise Redknapp has to pose on holiday attempting to show she couldn't care less about her ex new flimg.

All these celebs got shallow lives and need to public to be following there every move to satisfy their narcist lifestyles.

debsdowner
17/8/2020
09:17
QANTAS

Yes thanks for that and most interesting, I happen to think Debenhams wont disappear completely, Mike Ashley may indeed pick up a fair tranche of stores but it's a high risk venture, what do you think ?

debsdowner
17/8/2020
09:07
Debenhams could be broken up between potential buyers as concerns grow about the future of the department stores chain and its 14,000 employees. Mike Ashley's Frasers Group, Next and a Chinese consortium are among the parties interested in buying Debenhams' stores as the retailer's owners desperately hunt for a buyer. - The Times
qantas
17/8/2020
09:05
No sooner did I say TESCO is increasing competition by free deliveries and it would create more competition, MARKS announces it will take on the Big Four supermarkets for every day low prices:



This is all very well but margins will be hit and less profits imo.

The article also mentions their sandwich supplier Greencore telling their staff if they self isolate then they will only receive sick pay >

"The retailer was recently embroiled in controversy after workers at one of its sandwich suppliers were told they would be paid less than £100 per week if they self-isolated, following a major coronavirus outbreak."

This isn't MARKS fault however and I think they were unduly criticized , however the market tends to blame all retailers for how their suppliers act like they did with BOOHOO.

debsdowner
17/8/2020
09:02
Victoria Secret owed near half a billion pounds before it went into administration is a shock revelation:



John Lewis reveals 8 stores it will completely shut shop:

debsdowner
17/8/2020
08:42
M&S Food launches new campaign to promote lower pricing

M&S is launching a new campaign this week that highlights its competitive pricing on a range of 240 grocery staples.

The move follows 18 months of the retailer lowering prices across its M&S Food offering and developing a “bigger and better range” in advance of the launch of its online grocery service with Ocado..
More

johnwise
17/8/2020
08:41
M&S Food launches new campaign to promote lower pricing

M&S is launching a new campaign this week that highlights its competitive pricing on a range of 240 grocery staples.

The move follows 18 months of the retailer lowering prices across its M&S Food offering and developing a “bigger and better range” in advance of the launch of its online grocery service with Ocado..
More

johnwise
17/8/2020
08:26
Ocado's delivery charges if your not on a saver pass is currently £6.99 not sure how much if any of this goes to M&S? You can also order M&S children's clothes on Ocado site..
gbenson1
17/8/2020
08:26
Footfall declines again on the High Street says SPRINGBOARD :
debsdowner
17/8/2020
08:15
Telegraph:

"TESCO: U.K.-based retailer Tesco PLC will offer free grocery delivery in a bid to head off Amazon.com's attempt to break into the British online grocery market, according to the Telegraph."

So how will this affect MARKS ?

There are a number of aspects to the above news. AMAZON is trying to take the lead in online deliveries and that will increase competition in the sector. Second Tesco offering free delivery will increase competitive pressure further as even a few quid on delivery can mean 10%-20% cost on a bag of shopping.

Online delivery still isn't that cost effective at the moment it never was from the start with small fees there was little to no margin left and possibly a loss from some of the supermarkets.

Tesco will probably try and raise its prices to try and claw back its loss on charges. They may however gain on sales pinched from other customers who have switched but it will probably not be enough to claw back lost margins.

TESCO is evidently worried about AMAZON as other Supermarkets will be as well and acting aggressively to try and halt AMAZON.

However AMAZON is a large beast and all that will happen in the short term is make the sector more and more competitive and reduce margins and profits.

debsdowner
16/8/2020
23:46
BBC News - Debenhams hires liquidator in contingency plan
qantas
16/8/2020
22:06
Illegal gatherings still taking place in Birmingham and also Manchester below despite fines being increased to a maximum of £3,500



Selfish people should be also put to work street cleaning as well as a fine to punish them for flouting the rules.

debsdowner
16/8/2020
19:11
Coronavirus positive cases still above 1,000 and chart shows they are rising:
debsdowner
16/8/2020
17:33
Greencore workers faced cut in pay if they self-isolated, says union
Staff waiting for test results were on statutory sick pay of £95.85 a week
36 minutes ago
Kevin Rawlinson
Workers at a Greencore sandwich factory in Northampton that is at the centre of a coronavirus outbreak were told they would be paid less than £100 a week if they had to self-isolate.

Workers at a Greencore sandwich factory in Northampton that is at the centre of a coronavirus outbreak were told they would be paid less than £100 a week if they had to self-isolate.



Workers at a Greencore sandwich factory in Northampton that is at the centre of a coronavirus outbreak were told they would be paid less than £100 a week if they had to self-isolate, making it difficult for many to comply, their representatives have claimed.

Bosses at the Greencore site, where M&S sandwiches are prepared, acknowledged that many staff were entitled to no more than the statutory sick pay rate of £95.85 (€106) if they followed instructions to self-isolate.

“Statutory sick pay does not support people and, in a crisis like this, you can’t expect people to try to survive on £95 per week,” said Ian Hodson, the national president of the Bakers, Food and Allied Workers Union, which represents staff at the site.

He said the policy of only paying statutory sick pay applied to many people who were on minimum wage and unable to build up any savings that would help them through, while more generous company sick pay terms were available to some of their colleagues.

Mr Hodson also referred to the case of two employees who, he said, were fired after travelling to work together when at least one of them was suffering from Covid-19. While his union does not claim they were justified in coming to work, he criticised the policy of paying staff so little while they were self-isolating, saying it may have contributed to their decision to flout the guidelines.

It emerged last week that 292 people working at the site had tested positive. Greencore said it had taken the decision to proactively test staff after a spike in cases emerged in the east midlands town.

Northamptonshire county council said 79 people returned positive NHS tests and a further 213 tested positive through the company’s private testing. Greencore, which employs more than 2,000 people at the site, said it had conducted contact tracing and told potentially affected people to self-isolate.

Referring to the two complaints, a Greencore spokesman said: “In the event that colleagues have had to self-isolate, they have continued to be paid in line with the terms of their contract. This ranges from full pay to statutory sick pay, depending on the type of contract.

“In a very small number of cases where there have been direct contraventions of government policy with regard to self-isolating, which have put other colleagues at risk, we have unfortunately been obliged to take disciplinary action.”

The company added: “Ever since the Covid-19 epidemic started to have an impact on our business, we have worked tirelessly to keep our people as safe as possible. – Guardian

waldron
16/8/2020
16:33
Very good , 9 out of ten ,
robot ic1
16/8/2020
12:17
I don't think anyone would do a hand job thinking of that.




Proper well used before.
There are some really pretty stunners on the street .


Heidi Slydie not on the dole.

Very good on a big hard pole.

Very silky nice wet lips.

Ring me for a few good tips .

robot ic1
16/8/2020
12:09
Snippet from the Grocer...Ocado's long-awaited venture with M&S, which kicks off on 1 September, will put it in the best position to capitalise on this mass adoption of online, she adds. Rather than a high-end, niche offering, she sees this as a mainstream proposition.Trouble is, it's full. While rivals have been able to leverage their store-picking model to increase output significantly, Ocado's highly automated CFC model – and that devastating fire at Andover last year – means it can't turn on capacity like a tap. That's left Ocado with a waiting list of 1.1 million customers – but it puts an automatic brake on immediate expectations for growth.As M&S chairman Archie Norman told investors at the AGM last month: "We can't say how much scope there will be for new M&S customers after switchover, [but] it's likely to be very limited."Smith admits that, "mathematically yes", Ocado's inability to ramp up capacity as quickly as supermarkets has eroded its share of the online UK grocery market.... George Nott
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