Marks And Spencer Share Discussion Threads

[debsdowner] 27/11/2020 12:53

Grim retail news:

"New Look, Dorothy Perkins, Superdry and LK Bennett have all turned to Ebay to sell off their “dead stock” as they scramble to stem lockdown losses."

[debsdowner] 27/11/2020 12:48

Jaeger cuts 103 jobs and 13 stores in administration

[porsche1945] 27/11/2020 12:31

Arcadia on brink of collapse, 500 shops, lenders turned down request for 30m emergency loan, Green wont buy any of it out of admin after. U.K. high St retailing is toast, bit like the U.K. in general. Why would Green want to shove more money in?.....you dont become a billionaire living tax free in Monaco throwing good money after bad. Retail is online, everything else will die. These will be back sub a quid as reality dawns, going same way as Debenhams, MKS has really sxxt management, the guy is a one trick pony and that was aeons ago with Asda anyway.

[debsdowner] 27/11/2020 11:40

Breaking news:

Top Shop in serious trouble as talks over emergency funding gone nowhere putting 15,000 jobs at risk and administration possible as soon as next week:



The company needs a mere £30 million but the company is probably in too much debt and still losing money so no one wants to risk a further £30 million.

So why is Philip Green not stumping up the money being a billionaire?

[philanderer] 27/11/2020 11:14

Goldmans downgrades to Neutral. Tp 145p

[diku] 27/11/2020 09:36

Are the Black Friday deals really proper proper discounted deals on all or selected items only... a case of wool over your head just to get customers in the shop...is it the sizes that nobody buys?...

[johnwise] 27/11/2020 09:32

Marks & Spencer Black Friday: Save up to 30 percent on clothes, beauty and wine right now

BLACK FRIDAY today, November 27 2020. Marks & Spencer is offering great discounts that customers can take advantage of right now.

[johnwise] 27/11/2020 09:31

Marks & Spencer Black Friday: Save up to 30 percent on clothes, beauty and wine right now

BLACK FRIDAY today, November 27 2020. Marks & Spencer is offering great discounts that customers can take advantage of right now.

[debsdowner] 27/11/2020 08:24

MARKS share price went up too hard and was bound to pull back and profit takers could pull the share price well down again. Some made a profit of over 30% or even more than 40%.

[debsdowner] 27/11/2020 07:46

NEXT MARKS and others shunning Black Friday sales which isn't surprising as many deals a con

[philanderer] 27/11/2020 01:03

Black Friday: Next, M&S and Wilko shun sales event

[philanderer] 26/11/2020 14:25

M&S confirm it will close all stores on Boxing Day for the first time in major change

[philanderer] 26/11/2020 14:14

Brexit: M&S warns that 15% of food lines may be unavailable in NI

[xxxxxy] 26/11/2020 13:49

Marks and Spencer has reversed its decision to open hundreds of stores on Boxing Day.Chief executive Steve Rowe said the move would allow workers to spend more time with friends and family over the festive season.M&S will now close all of its company-owned stores in the UK, as well as its customer contact and distribution centres.Last week, the retailer said about 400 stores would open until midnight on December 21 to 23.Mr Rowe said: "In the run-up to Christmas we are opening longer hours and have accelerated the launch of new digital services such as Sparks Book & Shop to help our customers prepare, but it's also why we have taken the decision to close our operations on Boxing Day, so that our colleagues can enjoy more special time with their loved ones."This is a big decision, but it is absolutely the right one given the incredible effort everyone has made in the most challenging of circumstances."... Daily Telegraph

[debsdowner] 26/11/2020 08:39

Markets have taken a bounce the last few months and now due a correction as the economic shock will mean unemployment will rise significantly after the New Year and pay could reduce by £1,200 by 2025



In other news BooHoo appoints top Judge to ensure proper compliance issues with its suppliers



BooHoo can afford to do so with it being a highly profitable company.

[xxxxxy] 26/11/2020 08:05

John Redwood@johnredwood·40mWhen is the Chancellor going to take up the wins from Brexit? We want VAT off essential products. We need a farm subsidy scheme that promotes more U.K. grown and reared food. We want a fund to expand our fishing fleet and help our fish processing industry. Let's get on with it.

[debsdowner] 25/11/2020 21:30

More on DEBENHAMS

[debsdowner] 25/11/2020 13:19

Albercombie and Fitch to close strores

[debsdowner] 25/11/2020 13:16

Patisserie Valerie announces new partnership with Sainsbury's



Lots of partnerships going on these days as the traditional bricks and mortar stores struggle or go bust, then do new partnerships.

[johnwise] 25/11/2020 09:11

Marks & Spencer Black Friday 2020 deals – save now on sofas, furniture, bedding and more

From sofas to dining furniture, bed linen to pots and pans, pick up a bargain in the Marks and Spencer sale over Black Friday

[xxxxxy] 24/11/2020 11:31

A little ponder about Grocer Banks eg Sainsbury's pulling out of banking. Marks Bank?... Nick Name23 Nov 2020 7:42AMSo the cycle continues for CEOs who have to be seen to be making acquisitions or disposals, expanding into new sectors or refocusing on core markets. Once Sainsburys have exited banking, in a few years, the next CEO will have the idea of getting into banking etc. etc. 11LikeReplyG R Umpy23 Nov 2020 9:54AM@Nick Name Trouble is executives are never content just to run the existing business ever  more efficiently, they have to be doing something 'new' even if it almost always ends up loss making. I put this question to a non exec of a FTSE250 company many years ago and he agreed but the problem was you could not recruit CEOs unless they were given free rein to do this sort of thing.... Daily Telegraph

[debsdowner] 24/11/2020 09:38

The MAIL on JD Sports bid for Debenhams

[johnwise] 24/11/2020 08:20

Marks & Spencer has announced it will open hundreds of its shops until midnight in the days ahead of Christmas.

400 branches of the shop will stay open late into the night to allow people to stock up for the festive season.

[xxxxxy] 24/11/2020 08:14

A better Christmas?By JOHNREDWOOD | Published: NOVEMBER 24, 2020Plenty of people want a Christmas to cheer them up. Sales of trees and decorations are by all accounts good. People are brightening up their living rooms early this year, and planning a family get together. The government was at least wise to relax the rules a bit to allow more people to come together for Christmas meals and conviviality as they wish.There has been much worry expressed by some government scientific advisers over what all this social contact might do for the spread of the virus, and a wish on their part to have periods of greater restriction before and after. They like the idea of each of us having some sort of limited freedom budget, and if we spend too much of it on meeting people over Christmas we need to rein in before and after.We need to move on to a more trusting approach, where we all make more of our own decisions based on understanding the messages from the medics and scientists. We can calculate our own risks and the risk we might pose to others, as we do about all other such threats in the normal course of life.It is not easy making choices for people, weighing the danger from opening non essential shops against the danger of opening hospitality venues. I am glad the discussions some of us have had with Ministers making the case for sports facilities to be open and against the curfew have led to some sensible modifications of the local lockdown schemes. What do you think of the latest proposals? I and my colleagues will study the detail of these new measures as it is published, and will want to see a way forward that minimises damage to business and ,jobs.