Marks And Spencer Share Discussion Threads

[freedom97] 09/6/2021 16:44

The clothing dept would be quiet at 12:30 as lunchtime, hence food hall and cafe busy.

[xxxxxy] 09/6/2021 16:21

662....MKS + Amazon = ???

[xxxxxy] 09/6/2021 16:21

Why Amazon's supermarket shopping spree has still not paid offJeff Bezos's empire now extends to Hollywood, but the online retail magnate has struggled to break into the humble grocery industry   ? James Titcomb, San Francisco29 MAY 2021 • 3:00 PMJeff Bezos's main problem was the meat. In 2016, Amazon opened its first Go store, a till-free shop on the ground floor of its Seattle headquarters, which allowed customers to simply walk out and have their credit card automatically charged for the salads, energy bars or soft drinks they had taken off the shelves.What the company did not say, according to Jon Reilly, a former Amazon executive who was involved in its planning, was that it was originally envisioned as a fully fledged grocery store that sold fresh food."Jeff nixed it, because his complaint was that people were going to be weird about meat," Reilly says. "He felt like walking out the door with just a piece of meat would be an odd thing to do. That was his friction point."It was not the only time the world's most valuable retailer had seemed to have an identity crisis when it came to conquering the supermarket. While Amazon has been selling groceries for more than a decade, and supermarket executives have long feared the company's ambitions, the tech giant has not seemed close to turning the food industry on its head in the same way that it has for books, CDs and electronics.Online sales have remained a fraction of total grocery shopping and, within that fraction, Amazon has faced stiff competition. Meanwhile, the jury is still out on the biggest acquisition in its 27-year history, 2017's $13.4bn (£9.5bn) acquisition of Whole Foods. Sales at Amazon's physical stores, of which the upmarket grocer is the biggest part, declined in 2019 and 2020, and fell by 16pc in the first quarter of this year."I don't think anyone's happy with the progress they've made in grocery," says David Glick, a 20-year Amazon veteran and former logistics executive who left in 2018. "If you want to be the biggest retailer in the world, you have to be in grocery, but it's really freaking hard."While Amazon often charges into a market quickly, blindsiding incumbents, its progress in the food business has been the opposite. In 2007, the company first started inviting users to test food deliveries in Seattle (originally, the Amazon Fresh programme was designed for employees, some believed in order to let them spend longer at work). It was not until six years later that it moved out of the company's hometown, and it took until 2016 to move out of the US, arriving in parts of London.Since then, it has had an often confusing array of other services: Pantry, for selling shelf-based staples like shampoo, crisps and water; Prime Now, for household essentials in under two hours; Go, the physical stores that use cameras to detect what shoppers have picked up; and Fresh Pickup, which lets shoppers collect orders at special sites. In the UK, it has begun selling food from Morrisons. The Whole Foods purchase was the most audacious swoop yet, sending shock waves through the supermarkets."It's been a real spray and pray approach," says Sanchit Jain, an e-commerce analyst at Enders Analysis. "Those offerings have basically been trying to replicate the CD and books model for groceries. I think what Amazon overestimated was the consumer appetite for actually purchasing their weekly shop online.".... Full article.... Daily Telegraph

[mroalan] 09/6/2021 16:00

in my local MKS Cardiff on mon 12 30 hrs, it was very quiet in the clothing dept but the food hall was very busy, cafe ticking over.

[netcurtains] 09/6/2021 15:17

Hot weather and Euros...
M&S drinks and Euro T shirt sales increasing.
I know
as I've just bought both.
And topped up

[debsdowner] 09/6/2021 13:51

GAP to close 19 stores

[johnwise] 09/6/2021 07:52

Marks & Spencer reopens with expanded food hall and cafe in Abu Dhabi


There are now more than 1,500 grocery items available to buy at the store

The store, which is spread across about 2,300 square metres, reopened on Friday and features new interiors and, for the first time in the capital, the full range of Marks & Spencer food hall items.

This includes more than 1,500 grocery products, including its famous vegan Plant Kitchen line, as well as fruit and vegetables, more than 35 luxury cheese products and a range of desserts.

[johnwise] 09/6/2021 07:52

Marks & Spencer reopens with expanded food hall and cafe in Abu Dhabi


There are now more than 1,500 grocery items available to buy at the store

The store, which is spread across about 2,300 square metres, reopened on Friday and features new interiors and, for the first time in the capital, the full range of Marks & Spencer food hall items.

This includes more than 1,500 grocery products, including its famous vegan Plant Kitchen line, as well as fruit and vegetables, more than 35 luxury cheese products and a range of desserts.

[xxxxxy] 09/6/2021 07:48

John Redwood@johnredwood1hLord Frost should highlight the absurd difficulties the EU is deliberately creating to block GB to Northern Ireland trade. He should say the U.K. will run this trade sensibly ensuring U.K. goods flow freely and stay in the U.K.

[netcurtains] 08/6/2021 14:35

All the shops heaving today.
M&S was easily the one with the best footfall.
Its having a stonking June.

[philanderer] 08/6/2021 08:43

Morning free, all good :-)

'UK retail sales in May saw highest rise since start of Covid crisis'

Shoppers returned to high street after lockdown measures were relaxed

[johnwise] 08/6/2021 08:26

UK retailers report strong May sales as lockdowns end


British retailers reported a big boost in sales in May, after lockdown measures ended the month before and a relaxation of Covid restrictions on hospitality drew more shoppers into town centres, industry data shows.

This was the biggest increase in sales compared with 2019 for any month since the start of the pandemic.

"The rain in May failed to dampen consumer demand and shoppers continued to return to the high street," Paul Martin, head of retail at survey sponsor KPMG, said.

[johnwise] 08/6/2021 08:24

UK retailers report strong May sales as lockdowns end


British retailers reported a big boost in sales in May, after lockdown measures ended the month before and a relaxation of Covid restrictions on hospitality drew more shoppers into town centres, industry data shows.

This was the biggest increase in sales compared with 2019 for any month since the start of the pandemic.

"The rain in May failed to dampen consumer demand and shoppers continued to return to the high street," Paul Martin, head of retail at survey sponsor KPMG, said.

[freedom97] 07/6/2021 15:51

"Retail footfall surges amid warm weather, half term":

[johnwise] 07/6/2021 13:09

"Following on from the success of their winter and spring collections, Marks and Spencer have graced us with a third gorgeous Ghost collaboration - and we want it all."

[johnwise] 07/6/2021 13:08

debsdowner, Why don't you find yourself something useful to do instead of spending your days De-Ramping M&S..(some sort of hidden agenda ? )

[xxxxxy] 06/6/2021 07:27

Financial Report.....http://otp.investis.com/generic/regulatory-story.aspx?newsid=1480585&cid=228

[debsdowner] 05/6/2021 17:39

MARKS have 26 Joules wowmanswear but no menswear????



So a limited range which doesn't surprise as they dont want to presumably market Joules to their benefit on the back of MARKS.

I have to say this strategy has already got some flaws in it and its early days.

Jaeger is a differnet kettle of fish as they own the brand but the selling of third party clothing ranges has its drawbacks.

I am not convinced MARKS is on the right track as yet and the rise in the share price is too prematute imo.

If the share price falls below £1.50 we could see a retraction to closer £1.30 or less.

[debsdowner] 05/6/2021 17:14

MARKS now have Jaeger clothes range on their website, but I have to say John Lewis website makes MARKS look inferior and as such it will be detrimental to MARKS.



For an upmarket clothes range one expects an upmarket and different website which suits the market and clothes you are buying.

It will take time to assess how they are doing, I havent checked out their Joules range but will do so soon,

[xxxxxy] 05/6/2021 07:16

Time for Defra to use our freedoms from the EUJUNE 5, 2021 1 COMMENTThe Defra website is more of a history lesson than a celebration of new opportunities and freedoms for farmers. Instead of brimming over with the changes they want to make to our fishing and farming policies now we can control them, it faithfully records the EU laws, rules and old schemes that dominated us for so long. It tells us there is a Countryside Productivity scheme offering only small grants funded by the EU, but goes on to say it is closed. It tells us there were forestry,Water, waste and food productivity schemes but these are also all closed.It is true it does also now set out more recent U.K. schemes of support but most of these are for environmental improvements. Some of its latest initiatives in wilding and nature look like UK versions of work being done in the EU. Some are worthwhile but the overall impression given is the Department wants less land available for food production and has not yet got round to offering positive support for better farming to boost our output.You could of course say why not leave it all to the market? There are two reasons. The first is other countries do not , so the UK has to compete under the EU free trade arrangements with farms on the continent that do get subsidies and other support. The second is if the Department itself is offering cash incentives not to farm on potential farmland it may need to level the playing field by offering suitable help for good farming on that land. It is all very well to say wilding cuts the carbon output on the land wilded, but if we then have to transport food into the UK from hundreds or even thousands of miles away, grown and produced in carbon generating ways, we have done nothing to save the planet and much to damage the UK economy.The government has promised new schemes to stimulate innovation, investment and promotion of more U.K. food. I wish it would get on with them. We need to promote our farms and food now. There is no good reason for delay..... John Redwood

[mitchy] 04/6/2021 22:27

free stock charts from uk.advfn.com

If MKS is still in a bull run then 155p is the bottom of the trading range with 172p - 177p the top.

If it breaks down through 150p then we would enter a bear market for it with a target of ... ??

[johnwise] 04/6/2021 12:37

Today and yesterday called into my local M&S pent up demand after lock down, very busy, woman with arms full of clothes..Now that Debenhams has gone M&S are one of the few on the high street with clothes that will wash more than once..John Lewis is just to expensive..