Marks And Spencer Share Discussion Threads

[xxxxxy] 04/4/2021 09:11

John Redwood@johnredwood·1hGood news the CV19 Death rate in U.K. has fallen right back. Too many past recorded deaths means U.K. is 11th worst on the worldometer for deaths per million by country.Sad news to now see faster rises in deaths in many other countries.

[philanderer] 04/4/2021 00:53

Investors have voiced concerns over the future of annual general meetings as corporate giants scramble to decide whether to hold physical shareholder events for a second year.

Stock market stalwarts including Marks & Spencer and BT are considering whether to allow shareholders to physically attend their AGMs this summer as Britain eases out of lockdown.

[jsforum] 03/4/2021 21:02

This will be 200p by Christmas

[xxxxxy] 03/4/2021 08:08

DEFRA needs to listen on growing foodAPRIL 3, 2021 6 COMMENTSJanet Hughes of DEFRA gave a scary interview to Farming Today on Thursday 1 April. She spoke as an enthusiast for the new system of farm financial support which she is designing and directing. She did not once mention food growing as important or worthy of support. When asked about food growing she expressed an unsubstantiated hope there would be no fall in food growing as a result yet identified a number of schemes designed to reduce the area given over to food production and a number of favoured ways of farming likely to cut output.Why wasn't a Minister giving the interview? Why aren't Ministers keeping their promises to Parliament to boost food production? UK farming has to compete with many global food producers working in countries that do subsidise farming to achieve more output. I will be taking this up with Ministers.I am pleased to see the supermarkets replying to my questions on how they can do more to promote UK food and farming. Their own surveys confirm that more U.K. customers want to buy British. The strong support for local businesses and farmers markets underlines this. All can do more. We do not want to wild all our land but to drive more productive agriculture which can also create a beautiful landscape.There is huge scope to direct grant and subsidy to help farmers raise their productivity extend their growing season through helpful investment..... John Redwood

[debsdowner] 02/4/2021 12:42

Humpty,

Back tom the dole que for you ! You have never posted anything of interest on retail hence you have little future in life.

In the meantime BooHoo is in trouble again for selling the same item of clothing under different brand names at a significant difference in price



This is a further hurdle for BooHoo to overcome after slave labout allegations.

[xxxxxy] 01/4/2021 15:09

Facemasks....htTps://www.dailymail.co.uk/sciencetech/article-9426499/Scientists-evidence-toxic-chemicals-face-masks.html?fbclid=IwAR2SIN0K88rw8WDxA0BrJg7Ii6M83OyZ8li3lrXiAaB8xnoM7h82MmzqDY0

[neilhumphreys] 01/4/2021 11:33

Debs duck, you have the mental agility of a squirrel and absolutely no knowledge of retail whatsoever. I don’t come here often but whenever I do all I see is lunacy.

Happy Easter everyone! Miss you

[debsdowner] 01/4/2021 10:53

QANTAS

Lord Wolfson who runs NEXT is a well respected CEO who knows the retail sector back to front.

But even he was outflanked by some of the likes of BooHoo who have raced ahead and become large conglomerates in retail.

Whether or not the competition will still be able to maintain their position is another matter.

As for MARKS they are lagging well behind the online players including NEXT and have a lot to live up to.

If MARS new strategy of new brands fails to make up lost sales on fashion the market wont be as forgiving next time.

MARKS has doubled its shares price the last few months on both lockdown easing and its new brands but its too early to make any reasonable forecasts.

If MARKS hadn't had their food offering they would have been bust by now and their food is supoporting the whole group.

[qantas] 01/4/2021 09:50

"There was some good news from the retail sector, however, as Next unexpectedly lifted its guidance for this year."

Next rallied after saying it now expects profits of £700m, up £30m after a boom in sales during February and March. It also reported a slump in annual profits, but this was expected.

Steve Clayton, fund manager of the Hargreaves Lansdown Select funds, which holds Next shares, said: "Profits may have more than halved, but to be reporting any sort of profit at all as a fashion retailer after a year like 2020 is a remarkable achievement.

"But Next is a remarkable business. The group saw the potential of online retailing years before their rivals took it seriously. As a result Next was earning most of its money online, even before the pandemic struck. That has left it in a far stronger position than rivals like M&S (loss-making), or Arcadia and Debenhams (both now bankrupt).

"When Next does reopen their doors they will be perhaps the strongest of the survivors and Britons have saved up a lot of spending money during lockdown. We see Next as incredibly well positioned to generate profit and cash in the years ahead."

[qantas] 01/4/2021 09:45

Clothing retailer Next lifted current year profits guidance as online sales continued to soar during the Covid lockdown, despite reporting a slump in annual profits, although in line with expectations. The company on Thursday said it now expected profits of £700m, up £30m after a boom in sales during February and March. Pre-tax profits for the year to January 31 more than halved to £342m. Dividend payments remained suspended and debt was cut by £502m to £610m.

[debsdowner] 01/4/2021 08:49

NEXT overdelivers again

[xxxxxy] 01/4/2021 08:34

Next PLC (LON:NXT) said it "perhaps optimistically" assumes the vaccine rollout will result in stores remaining open for the year, once the current lockdown has passed.The retailer based its central guidance for sales and profit on shops continuing to trade without interruption and revised it upwards following strong performance recently.READ: Next in perfect position to grow market share even more, says RBCIt also said the consumer economy "will be healthier than many presume" in the short term, due to pent-up demand and an increase in personal savings.Nonetheless, like-for-like sales are expected to drop 20% this year after COVID-19 accelerated the shift to online shopping..... proactive

[xxxxxy] 01/4/2021 07:56

John Redwood@johnredwoodA top DEFRA official did not mention growing more food as an aim of the new UK farming policy she is working on in her Farming Today interview. Parliament made clear to Ministers boosting UK food production matters. Ministers need to clarify what is going on.

[johnwise] 31/3/2021 13:54

Donald Trump launches his own website

[johnwise] 31/3/2021 08:24

We have to be honest with ourselves ..Can anyone see us get out of this...

Two-thirds of global disease experts believe coronavirus variants will make vaccines ineffective within ONE YEAR

[johnwise] 31/3/2021 08:23

We have to be honest with ourselves ..Can anyone see us get out of this...

Two-thirds of global disease experts believe coronavirus variants will make vaccines ineffective within ONE YEAR

[xxxxxy] 31/3/2021 07:17

Locally Sourced FoodMARCH 31, 2021 POST A COMMENTI recently wrote to the main supermarkets about customers being able to buy more locally and UK sourced food. I have received the enclosed responses from Morrisons, Tesco and Asda which they said I could share with you. I am happy to reproduce the other replies if they wish when I receive them. I encourage any UK based food retailer to do a good job selling and promoting UK produced food. They are in alphabetical order. Tesco gave the most rapid response.Asda"Thank you for your email regarding British sourcing. As a company established by a group ofYorkshire dairy farmers, this is an important issue for Asda.We keep our fish sourcing under review, but due to the need of having to maintain asustainable supply, this does sometimes come from overseas. However, we do support smallsuppliers, such as Downies of Whitehills Cullen Skink and ScottyBrand Smoked Salmon.Some of our seafood is UK sourced, including Atlantic Herring, Mackerel and Edible Crab.We have a dedicated local sourcing team, who enable small suppliers to supply Asda stores,including the facility to be stocked in a single local store. This covers a wide range of differentproducts.As you may be aware, Asda has recently had a change in ownership. With this change, wehave pledged to source 100% British beef, 100% British dairy and increase our sourcing ofbread wheat to 100% British.You may be interested in the results of a recent customer insight survey we carried out,where we asked about attitudes to buying British. This showed a divide in attitudes dependingon age, with 56% of 18-34 year old customers saying it is important, rising to 81% of 55+. Theoverall importance of buying British was listed as the eighth biggest issue for our customers,with them viewing recycling, reducing food waste and tackling antisocial behaviour as theirbiggest issues.While this does show differing attitudes towards British sourcing, we are keen to do all we canto support small British suppliers throughout our stores, and constantly keep sourcing underreview."(their survey showed 76% thought buying British was important. )Morrisons"Morrisons is committed to buying British and giving our customers a great – and growing – choice of locally sourced food and drink.We are the nation's largest fresh food manufacturer and operate our own abattoirs, food manufacturing sites, and produce pack houses. We have recently added to this capacity with the acquisition earlier this month of Falfish, a family-owned processor of sustainably sourced seafood based in Cornwall.For customers, this acquisition will mean further improvements to the range, quality and availability of fresh fish and shellfish at our in-store counters. Following the deal over 80% of Morrisons fish and shellfish – both in our 497 stores and in our online business – will come from Morrisons wholly-owned seafood operations (Morrisons already owns two seafood processing sites close to the docks in Grimsby).This deal is a real commitment to the South West fishing industry which we believe will benefit the local economy as well as offering our customers an improved range of freshly caught fish and an investment in our in-store fishmongers.You also asked about local produce. One of our core priorities is 'local integration and serving the community' and we have made positive strides on this in recent years. Prior to the pandemic, our buyers were touring the nation and hosting 'local foodmaker' events which offered local producers the opportunity to showcase their products. Through our 'local foodmaker' programme we have now surpassed a key milestone of 1,000 new, local products (from 220 local suppliers) which we have sourced from 37 events held across Britain in the last few years. This programme continues although with the onset of Covid we have been forced to hold events online.Many local food producers are continuing to expand their geographic reach through their relationship with Morrisons and more of our stores have local products on offer. As an example, our store at Lake, Isle of Wight, is one of our most integrated stores so far, stocking locally supplied milk, cheese, cream, coffee, eggs, meat, tomatoes, biscuits and garlic."Tesco"At Tesco, our ambition is to be British agriculture's most trusted partner, helping to secure a successful future for farming, food and fisheries.As part of our commitment to a competitive and productive UK agriculture sector, we've set up a number of Tesco Sustainable Farming Groups (TSFGs). The Groups, led by our suppliers, farmers and Tesco colleagues, are organised by sector and are central to our work of building long-term relationships with our farmers. We're also supporting new entrants and young farmers through our Future Farming Foundation, which each year provides 50 young farmers from across the UK and Ireland with guidance, support and training.In store customers will find that all of our milk is British, sourced from British dairy farmers who are guaranteed a fair price for every pint through our Fair for Farmers Guarantee. We support our dairy farmers through the Tesco Sustainable Dairy Group, which was the first of the TSFGs to be set up in 2007, and now represents the largest group of dairy farmers working with a retailer directly. In addition to this, 100% of our beef, chicken, eggs and cheese is British and Irish. Alongside this we have a dedicated local sourcing team to evaluate and identify locally-sourced products, which are then sold in store – giving customers access to top quality, British products.Recognising the demand from our customers for homegrown, seasonal produce, we work with trusted growers across the UK to deliver this all year round and include our Best of British Union Jack on packaging to help customers identify fresh fruit and vegetables which are 100 per cent homegrown. We are also using this partnership approach to foster innovation across all sectors, including our Incubator Programme which is helping suppliers to grow their brands and bring new, innovative products to market.".... John Redwood

[debsdowner] 30/3/2021 17:02

Big 4 grocers show growth slowdonw as the public start to go into stores with lockdowmn easing

[debsdowner] 30/3/2021 15:28

Easter egg sales are up on last year



But who is selling the most Easter eggs?

Well there was a good documentary last night on ALDI and they are increasing their Easter Egg sellection every year and have fantastic selections.

[xxxxxy] 29/3/2021 16:35

Britain's food supply must be protected from Europe's deadly third waveWe've made it this far – the last thing we want is to re-import Covid-19MATTHEW LYNN29 March 2021 • 4:00pm?Infections are running at 40,000 a day in France. In Poland, the rate is hitting 35,000 a day, while Italy and Germany are all regularly racking up more than 20,000 new cases of Covid-19 on a daily basis.In the UK, thanks to a mixture of lockdown, and a rapid roll-out of vaccines, the virus is coming back under control, with deaths, hospitalisations and infections all steadily falling. Across most of continental Europe, by contrast, it is spiralling out of control. Even worse, new variants, such as the South Africa and Brazilian strains, are rising rapidly. That is a tragedy for the countries involved of course. But it is a big problem for the UK as well. We might be an island, but we do huge amounts of trade with the rest of Europe, and with completely open borders, there is a real risk the virus will seep back into Britain. That is not a risk worth taking... Daily Telegraph

[xxxxxy] 29/3/2021 13:58

Consumer confidence leaps on jab successDeutsche Bank expect household spending to rebound stronglyByTom Rees29 March 2021 • 6:00amThe prospect of a post-lockdown boom has propelled household confidence back to levels last reached before Covid upended the economy. Britain's vaccine rollout success sent confidence jumping to a one-year high according to data from the Bank of America, but shoppers remain cautious about a post-lockdown spending spree.  The Wall Street bank's confidence gauge has recovered towards pre-Covid norms in the past few weeks, climbing back from last year's lows of around minus 35 to near minus 15. But consumers are still hesitant to spend their huge lockdown savings despite rising hopes of a rapid economic recovery powered by the reopening plan and the vaccine campaign.The live confidence survey found that hopes over the economy have soared but that spending plans still lag behind. Robert Wood, UK economist at Bank of America, said: "Surging general economic optimism has not yet fed through into spending intentions..... Daily Telegraph

[the_man_with_the_pink_gun] 29/3/2021 10:39

STRONG SELL


TARGET 85P

[debsdowner] 29/3/2021 10:25

Good morning QANTAS glad you are well, nice to see robot pop in for a chat.

ASDA looks to be starting a price war on news front



It will be interestig to see where all those savings are to be spent which has occured since lockdown with Joe Public saving on holidays eating out and the like.

What does seem to be happening is its pumping up proprty prices as people look for gardens fed up with being locked up in doors.

Despite easing of restrictions today the public will be concerned over lockdowns in future the covid changed shopping habits and lifestyle forever.

[johnwise] 29/3/2021 08:40

Cheap Chinese goods from slave labor camps can continue being distributed around the world without any hindrance

Ever Given container ship blocking the Suez Canal is partially refloated and turned after running aground six days ago, backing up billions of dollars of global trade