Marks And Spencer Share Discussion Threads

[shoesize19] 16/3/2021 08:52

Marks are rocketing up I can see £2.00 shortly .

Great bounce back from £0.90 times.

Nowhere better to put money and make money .

Wonderfull.

Thorntons was always a specialist make and had to be an acquired taste.

No point having choc shops when the high street looks like it is dying a death slowly

[qantas] 16/3/2021 07:48

Chocolate seller Thorntons is the latest retailer to disappear from the high street, more than a century after it started life, putting 600 jobs at risk. The firm's retreat could lead to all 61 UK stores being closed permanently after sales were hammered by the pandemic. - Telegraph

[xxxxxy] 16/3/2021 06:39

John Redwood@johnredwood8hThe EU should remember it agreed to respect the UK's single market. This needs easy access from GB to Northern Ireland for internal U.K. trade.... John Redwood..That sums it up neatly... In good faith...

[xxxxxy] 15/3/2021 16:43

Mum saves £2,000 a year by shopping at M&S for discounted 'five-star quality' mealsWhile M&S' posh supply of meals is out of reach for many people, Kay So, 37, has found the perfect way to buy the quality food for her family while saving £2,000 a year.... Daily Mirror

[xxxxxy] 15/3/2021 16:40

Iceland goes upmarket with new fresh food chainThe chain is also expected to fulfil online orders as demand for home delivery shows no signs of slowing downByLaura Onita15 March 2021 • 2:09pmIceland Foods is launching a new convenience store chain fascia called Swift, with the first site due to open this Thursday in Newcastle.The move comes two weeks after e-commerce giant Amazon opened its first high street branch in the UK as the race for neighbourhood sites heats up.  The first Swift shop, a former Iceland unit in Longbenton, spans 1,700 sq ft; most Iceland stores are closer to 5,000 sq ft. Despite being smaller, it will sell a wider variety of products including ready meals and more food on-the-go alongside frozen food.  ?The store's layout "breaks down the traditional barriers between frozen and chilled food to provide a complete range of meal solutions", the company said. ... Daily Telegraph

[xxxxxy] 15/3/2021 16:39

4:03pmThorntons to close all storesChocolate retailer Thorntons has announced plans to close its retail store estate, putting about 600 jobs at risk.The group, which has seen its sales hit hard due the pandemic, will focus on web sales and selling through other channels such as supermarkets.In a statement, the company said:Unfortunately like many other retailers, the obstacles we have faced and will continue to face on the high street are too severe. Despite our best efforts we have taken the difficult decision to go into full consultation to start the permanent closure of our retail store estate. We understand that this will be an uncertain and concerning time for our colleagues and we will actively support them during this period.... Daily Telegraph

[debsdowner] 15/3/2021 16:32

Breaking news

Thorntons to shut all ita stores with the loss of over 600 jobs is another blow to the High Street.



Thorntons already selling a limited range of its chocolates in numerous Supermarkets and I supect will want to rely on online delivery.

[debsdowner] 15/3/2021 10:18

John Lewis is to cut prices ahead of its reopening but it could be a gimic as there are ever ending sales these days and JL has them a number of times a year. The announcemnt just focuses a mind-set that prices could be lower than normal when the company would have had a mid sesion sale in any event:



MARKS has a ALUMNI network which I didn't know existed, but not which I think will have much relevance



Of more relevance NEXT aims to be the "OCADO of fashion" !!!!!



NEXT is the one to watch it doesnt have the same overheads and large stores that MARKS has and has mass appeal, it had the NEXT directory before the advent of the internet and online presence. Lord Wolfson is a very bright keyed up guy who know retail like the back of his hand.

[debsdowner] 14/3/2021 13:40

Last year saw 10,000 retail store closures but the rot had started before the pandemic, the pandemic increased the severity of store closures and quickened the process up:



Therw ere simply too many brands and retailers selling the brands in any event and they needed to shrink and then in any event shopping habits were changing due to online sales.

As the economy opens more business will have to close down as they are being subsidised by furlough.

[xxxxxy] 14/3/2021 12:33

17,500 chain stores closed last year in pandemic retail carnage Research finds a record 48 shops closed every day last year, with just 21 opening their doors, as consumer behaviour changes significantlyByAlan Tovey, INDUSTRY EDITOR14 March 2021 • 10:52am... Daily Telegraph

[xxxxxy] 14/3/2021 12:25

G R Umpy14 Mar 2021 12:01PMOne reason for the decline in UK manufacturing was that it was much easier for intelligent people to make money in financial services, so a lot of the best brains went into that rather than manufacturing. That is still largely the case.We import far more than we need to, and it would be better for us if we all tried to buy home manufactured products, or at least not from the EU!5LikeReplyThomas Gordon14 Mar 2021 12:09PM@G R UmpyThe biggest cost in manufacturing today is not Labour, it is energy.  High (and rising) energy costs will continue to hurt UK manufacturing1LikeReplyStefan Reichlin14 Mar 2021 12:10PM@Thomas Gordon @G R UmpySorry Thomas, that is not true. By far, labour costs are the bigger factor.1LikeReplyThomas Gordon14 Mar 2021 12:20PM@Stefan Reichlin @Thomas Gordon @G R Umpy£20,000- for a robot that works 24 hours a day 7 days a week. Labour might be a factor in parts of China, but in new factories built in the US, UK or Europe, energy costs are the biggest factor.... Daily Telegraph

[netcurtains] 14/3/2021 08:24

Was in local M&S yesterday.
They have given 30% of their non-food floor space to selling
shoes.
If you think about it this is a massive market as
you really need to try them on and M&S is about
the only place you can currently buy shoes.

[xxxxxy] 14/3/2021 08:07

Should there be a reward for vaccination?MARCH 14, 2021 POST A COMMENTOn March 11th the EU published its weekly death figures from CV 19. Unlike most countries the EU does not give its citizens a daily up date. The sad news was the death toll had exceeded 560,000. This compares with 530,000 for the USA. The U.K. media reporting U.K. deaths daily and US deaths regularly ignored the EU deaths again.We should expect the U.K. CV 19 death rate to continue to plunge as most people at risk get a jab. The U.K. and the US are well ahead of the EU in getting people vaccinated. Shouldn't the UK now enjoy a benefit from this success? Isn't it now safe to let us relax more of the controls? We need to get more services re opened, more leisure and hospitality available with suitable social distancing and air flows.A year has now passed since the government first locked us down. Over that long tine the U.K. has made good progress with treatments and with vaccines. We now have much more understanding of the disease and how to combat it. We need to use these advances to permit more relaxing of the rules and restoration of more business and social activity. It's time to get our freedoms back.... John Redwood

[xxxxxy] 13/3/2021 21:04

Farmers bitter at Tate & Lyle sugars'  Made in Britain packaging The National Farmers' Union has called for a fresh review of grocery products marketed with the flagByJon Ungoed-Thomas13 March 2021 • 7:00pm... Daily Telegraph

[jsforum] 13/3/2021 11:44

The worst thing they could have done was remove the bonus- little wonder the staff dont care. JLP was mismanaged for years and has haemorrhaged talent

[johnwise] 13/3/2021 08:39

Primark supplier accused of locking workers in factory in Myanmar protests

Garment workers in Yangon say they were dismissed for breaking out to take part in civil disobedience movement

[johnwise] 13/3/2021 08:39

Primark supplier accused of locking workers in factory in Myanmar protests

Garment workers in Yangon say they were dismissed for breaking out to take part in civil disobedience movement

[xxxxxy] 13/3/2021 07:27

John Redwood@johnredwood13hI'm asking UK supermarkets to work more closely with the U.K. fishing and farming industries to get more domestic food into their shops. There is a hunger for great U.K. food and for more local produc

[netcurtains] 12/3/2021 16:20

I like them all

[xxxxxy] 12/3/2021 16:19

Personally, don't like Sainsbury's. Used to, but not since Covid. North Korea announcements jolly uncivilised.

[netcurtains] 12/3/2021 15:15

It certainly looks like the Market likes the numbers coming out of M&S
And Sainsburys too (currently).

[qantas] 12/3/2021 12:42

On the upside, luxury goods brand Burberry surged to the top of the FTSE 100 after it lifted full-year guidance and reported a "strong rebound" in trading since December. In an unscheduled trading update, Burberry said fourth-quarter comparable retail sales were now expected to be 28% - 32% higher year-on-year.

Shopping centre owner Hammerson rallied even after it posted a loss for 2020 as it took a hit from the pandemic.

[xxxxxy] 12/3/2021 08:42

John Lewis is going the way of Debenhams. And in agony it will be.Was avoidable. All sad.Consolation, less competition for MKS.Boohoo is only for the poor and housebound.Depressing stuff.

[xxxxxy] 12/3/2021 08:34

Shares in Burberry has jumped higher this morning, after the retailer said it expects revenue and profit to beat expectations following a "strong rebound" in sales.In a brief trading statement, the FTSE 100 group said:Comparable store retail sales in Q4 FY2021 are expected to be in the range of +28pc to +32pc higher than the same period last year. For the full year, we expect group revenue to decline by -10pc to ?11pc and the adjusted operating margin to be in the range of 15.5pc to 16.5pc.Burberry's financial year runs until March 27th. It will release preliminary full-year results in early May.... Daily Telegraph