Marks And Spencer Share Discussion Threads

[xxxxxy] 10/3/2021 14:51

Mark Eade10 Mar 2021 10:06AMI regularly shop in Tesco, Sainsbury's, Morrison's, Waitrose and Lidl. I keep an eye on product range, pricing and ambience. A few years ago I had issues with Tesco because it appeared to be a store which actively looked at ways to confuse and make extra profit from customers, dubious multi buy offers, mixing discounted and regular priced chickens was a favourite (I recall). Tesco got greedy and it showed, At that time I I thought Sainsbury was on the up, with improving range and more competitive pricing. For the last year I have actively avoided Sainsbury's because, it's prices are increasingly uncompetitive, the stores have  confusing lay-out, the North Korean style public announcements every 5 minutes are stressful, and it has gone very very woke. How many regular shoppers were pleased to hear that Sainsbury's needed to create safe spaces for its staff.Most of the major stores have increased digital presence, most major stores have expanded on-line shopping, delivery and click-collect, most major Supermarkets have benefitted from the closure of small competitor (non-essential retailers) and closure of pubs, it has allowed increased turnover, especially higher margin goods such as clothing, alcohol and basic electrical goods. The question is whether Sainsbury's has done better than competitors and are these financial gains permanent. I would argue they are not and once covid hysteria ends, Sainsbury's will return to disappointing form. The price hikes in Sainsbury's will bite back when the hundreds of thousands of people financially damaged by covid return to comparative shopping mode, price wars will return and Sainsbury's are trailing already.Tesco learnt its lesson. If you are looking for a Supermarket buy in your portfolio then Tesco is much better option. A speculative might be Morrison's, it has teemed up with Amazon and changes look structural and more permanent....... Daily Telegraph....... ... We found Sainsbury very stressful.... North Korean style announcements, staff seem to have a military camp attitude now.... Marks not like this. Far far more civilised in Marks.

[freedom97] 10/3/2021 14:37

Hi phil, any new targets for MKS share price now that the share price has broken through the 150p level?

[philanderer] 10/3/2021 14:16

Retailers bank on buy now, pay later: John Lewis and M&S seek to tap into booming billion pound industry with their own checkout credit options

[xxxxxy] 10/3/2021 14:16

Next has bought a 25% stake in fashion retail rival Reiss to form a "strategic partnership" in a move valued at around £200 million.Reiss, which has been a favourite of the famous including the Duchess of Cambridge, has reported strong sales growth in recent years despite pressure on high street fashion retailers.Next has said it will make an equity investment of £33 million and debt investment of £10 million into Reiss once the move is cleared.The high street stalwart added that it hopes its infrastructure capabilities can serve as a "launch pad" for Reiss's growth plans in the UK and overseas.Reiss will transition its online platform, warehouse, distribution and logistics to use Next's platform to run retail websites and back-end operations.The move will see Reiss boss Christos Angelides return to the fold at Next, where he worked for 28 years until 2014.Next said that Mr Angelides and his creative team will continue to lead Reiss.Before the impact of the pandemic, Reiss reported a 22% jumped in turnover to £227.4m in its last reported full-year up to February 2020.?Next said it will make an initial £33 million equity investment once the move is cleared (Ian West/PA)Lord Simon Wolfson, chief executive of Next, said: "Reiss is an outstanding brand with enormous potential and a first-class management team.... Yahoo Finance

[xxxxxy] 10/3/2021 13:49

MKS Investors....26MAY 2021NEXT EVENT26 May 2021Announcement of final results*.... M&S

[debsdowner] 10/3/2021 08:47

Hi QANTAS

Thanks for the links the first on the demolition of the Marble Arch store isn't a surprise it shows just how bad physical stores have become difficukt to operate and generate money. Its questionable howwever whether they will be bale to rent off the office space when more people are working from home and there is excess space at the moment.

As for Evans its surpring that redundancies needed at the group when that sectror is booming so the businewss model could be at fault.

[qantas] 10/3/2021 08:22

More than 300 jobs are expected to go at Evans Cycles, and hundreds of remaining store staff are to be switched to zero-hours contracts, as Mike Ashley's Frasers Group aims to slash costs. The 55-store bicycle retailer, which Frasers bought out of administration in 2018 when it had 62 outlets, has told staff it intends to cut up to half of the workforce in many stores despite booming trade for bike retailers during the pandemic. - Guardian

Marks & Spencer has become the latest retailer to reveal plans to turn some retail space into offices. The retailer is seeking to convert the upper levels of its Marble Arch store on Oxford Street as part of a wider redevelopment of the site and then lease it to City tenants. Marble Arch, which opened in 1930, is M&S's biggest store with 160,000 square feet of trading space. - Telegraph

Please do your own research as always..

[xxxxxy] 10/3/2021 07:59

EverhopefulMarch 10, 2021The vaccine hysteria has been turned into some sort of socialist, fairness fest. Utterly ghastly.Fancy politicising health! Not very caring.Still, COVID has been most useful.(A bit like smashing a priceless Ming vase and then blaming the cat).Never recovered from 2008 "crisis" and still lurching from disaster to disaster.Shame about the UK escaping and then morphing into something even worse!But never mind...just remember that fizzy drink advert.All will be well when the world comes together and holds hands!!YUK!... John Redwood blog

[debsdowner] 09/3/2021 17:07

MARKS to follow John Lewis by redeveloping its Marble Arch store which will have new ofice conversions to its floors.



With exceess office space with people working from home who knows whether they will be able to rent off its spare space.

[debsdowner] 09/3/2021 16:44

DFS sales surge 17.3% due to lockdown encouraging people to spend money on home furnishings

[debsdowner] 09/3/2021 16:38

Card factory struggling to gain finance and could be on the brink of collapse if it cannot refinance

[freedom97] 09/3/2021 15:45

What's the next resistance point? 200?

[xxxxxy] 09/3/2021 15:08

There's your 150+.Good luck.

[xxxxxy] 09/3/2021 15:07

Joe Biden's $1.9 trillion stimulus plan is a golden opportunity for British businessJoe Biden's consumer spending boom may end in tears, but the opportunities for UK plc across the pond could be hugeMATTHEW LYNN8 March 2021 • 7:00pmAcheque for $1,400 (£1,100) mailed out to just about everyone in the country. An extension of unemployment benefits worth $300 a week. Another $350m in help for the states, an extra child tax credit, and more money for rolling out the vaccination programme.It is, by any measure, a heck of a lot of money, and perhaps the largest stimulus package launched by any American since president Franklin D Roosevelt attempted to spend his way out of the Great Depression in the 1930s. Joe Biden's epic stimulus package passed through the Senate at the weekend, and could be signed off by the president later today.There is plenty of debate about whether that is the right call. To its supporters, it will reboot an economy in dire need of help, while to its critics it is a potentially inflationary overkill..... Daily Telegraph

[xxxxxy] 09/3/2021 15:03

Marks & SpencerM&S to knock down big Oxford Street store as shoppers move onlineNew Marks & Spencer shop to occupy just two-and-a-half floors as Covid crisis changes consumers' habitsTue 9 Mar 2021 09.57 ESTMarks & Spencer is to knock down and redevelop its largest UK store after a big switch to online shopping during the pandemic.The new 10-storey building, at the Marble Arch end of London's Oxford Street, will include just two-and-a-half floors of shop space together several floors of offices and potentially leisure space such as a gym. It will have an arcade through its centre and space for 4,000 office workers on the higher floors.The building, which has been an M&S shop since 1930, currently has five floors of retail across three different buildings which have been merged together over the years. The site also includes accommodation for staff training sessions, which is no longer required..... The Guardian

[philanderer] 09/3/2021 14:29

Marks & Spencer looks to redevelop one of its largest London stores, with new office space planned

[johnwise] 09/3/2021 13:13

Hello Magazine

Marks & Spencer's mouth-watering 2021 Easter eggs send shoppers wild

You know you're in for a treat when Marks & Spencer releases its Easter chocolate selection! 2021 is set to be another delicious year, with the store offering everything from a luxury fruit and nut egg to a giant white chocolate Percy Pig and everything in between.

[johnwise] 09/3/2021 13:12

LIDL Is a waste of time, bland, boring food, 2 tills open 15 customers in the queue, not worth hanging around to save 10 pence on a cabbage?
.

[johnwise] 09/3/2021 13:07

Hello Magazine

Marks & Spencer's mouth-watering 2021 Easter eggs send shoppers wild

You know you're in for a treat when Marks & Spencer releases its Easter chocolate selection! 2021 is set to be another delicious year, with the store offering everything from a luxury fruit and nut egg to a giant white chocolate Percy Pig and everything in between.

[xxxxxy] 09/3/2021 11:32

ReplyHadrian Veritas8 Mar 2021 11:01PMCambodia but NOT Thailand.   WHY ?Cambodia's population is around 16.8 million and Thailand's is around 70 million.Bangkok alone has 10.7 million so a very odd decision by M & S.Daily Telegraph

[debsdowner] 09/3/2021 11:25

LIDL voted cheapest supermarket

[johnwise] 09/3/2021 08:19

Plans for £6m Marks and Spencer food hall in Banbridge ‘progressing at pace’


M&S says it intends to open a 20,000 sq ft food hall, with an adjacent 11,000 sq ft unit to be used for storage.

The move is expected to create 70 jobs, with another 70 jobs involved in the construction phase.

[johnwise] 09/3/2021 08:17

Plans for £6m Marks and Spencer food hall in Banbridge ‘progressing at pace’


M&S says it intends to open a 20,000 sq ft food hall, with an adjacent 11,000 sq ft unit to be used for storage.

The move is expected to create 70 jobs, with another 70 jobs involved in the construction phase.