Marks And Spencer Share Discussion Threads

[debsdowner] 04/8/2022 13:39

Interest rates hiked to 1.75% and BOE warn UK will go into a recession later this year



Inflation to rise to over 13% later this year the BOE forecasts are bleak

Shoesize and a few others including myself have been warning of this for some time. The market has yet to fully react to these bleak forecasts. However as soon as the news broke at 12.00pm MARKS share price fell.

[xxxxxy] 04/8/2022 07:45

Next... Next has posted a surprise jump in sales as it cashed in on the heatwave and renewed demand for formalwear as weddings returned.The high street retailer said full-price sales were up 5pc in the second quarter – £50m ahead of previous guidance. It had expected sales to be down compared to pre-Covid levels.Next said the first half of the year was driven by a reversal of pandemic trends, with shoppers flocking back to the high street and online sales returning to normal.Unusually warm weather and pent-up demand for social events boosted trading, while Next said it had also benefited from large numbers of closures for rival stores over the last three years.However, the retailer said it did not expect the sales boost to last into the second half of the year, warning that the impact of inflation on consumer spending was likely to worsen.Next maintained its guidance of 1pc growth for full-price sales in the second half, while it lifted its guidance for full-year profit by £10m to £860m.... Daily Telegraph

[philanderer] 04/8/2022 00:00

Bart Simpsons haircut ;-)

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M&S to stop sale of disposable barbecues in all UK stores

[xxxxxy] 03/8/2022 13:35

Marks & Spencer is to stop displaying knickers and bras on hangers to cut down on plastic waste.The supermarket said it is exploring methods to cut the number that end up in landfill sites every year.Other plans include displaying items on tables in stores to reduce the number of hangers needed.The change came after M&S received complaints from customers placing orders online for lingerie, nightwear and children's clothes.They argued that hangers were unnecessarily being included in the packages when they could have easily been folded instead.'Just remove hangers in the warehouse'One shopper wrote on social media: "I recently received four pairs of knickers from M&S online... all on hangers... really no need to send out knickers on hangers! Just remove them in the warehouse before dispatch and reuse them."... Daily Telegraph

[debsdowner] 01/8/2022 10:36

Analysts set out how MARKS aquisition og GIST will benefit MARKS in both the short and long term:

[diku] 01/8/2022 07:52

Shoppers look at glossary image items online screen thinking it looks nice...when they receive it...it either doesn't fit or the material not has good as thought (recycled)...clearly see the amount of deliver vans on the road...some of these items are just going to and fro...

[xxxxxy] 01/8/2022 07:38

Waitrose is removing best-before dates from nearly 500 fresh food products in an effort to reduce food waste.... Yahoo Finance

[debsdowner] 30/7/2022 14:02

shesize, what a dissaster for Vardy her hubby will be £3 million lighter after yesterday's verdict and she hasn't a hope in hell of appealing imo.

Not good for her QC this is what it says on his Chanbers:

""He has an encyclopedic knowledge of the law, is very bright and always calls it right."



LOL well he didn't call this one rights and he looked pig sick exiting the High Court.

Like your poetry.

2trying, MARKS indeed trying to impr0ve their immage and third party tie ups whether it will imrove profits in clothes overall is another matter.

The market is pulling both ways at the moment too undecided which way sales and profits are going. Despite the broker downgrades MARKS is holding at this level.

[shoesize19] 29/7/2022 23:49

Maybe a female prime minister? might bebetter off or in tears, in tears, in tears.

Maybe a few quid better off for a few years .years, years ,

But our offspring will suffer ,will suffer ,will suffer .

maybe for ever , for ever ,forever .

So this is what we might have. with a female prime minister .


in tears, for years ,will suffer, for ever .

therefore my vote is

Rishi .Rishi .,Rishi.Rishi

I think he will put plenty more food in our Dishi.

[shoesize19] 29/7/2022 23:33

Oh dear ,£3 million gone , thats a mansion gone .

Oh Dear .

[debsdowner] 29/7/2022 13:19

ASOS BooHoo and ASDA being investigated over misleading claims over "green" claims



Credit card borrowing increased at fastest rate since 2005 and people struggle to pay their bills. Joe Public also dipping into their savings to pay bills as savings deplete.



shoesize is right UK will follow the US into recession when the US sneezes the UK catches a cold but this time it will be worse it will be the flu.

[darrin1471] 29/7/2022 09:01

Amazon up 14% in aftermarket and Apple up 3%
CNBC
"Amazon recorded a $3.9 billion loss on its Rivian investment" & "Because of the Rivian writedown, Amazon had an overall loss of $2 billion in the quarter"

"Amazon’s core e-commerce business continues to suffer as online sales are no longer flourishing like they were at the height of the Covid-19 shutdown. The company’s online stores segment declined 4% year over year. Physical store sales continued to rebound from the year-ago period, growing 12%."

[johnwise] 29/7/2022 07:05

Good news for the high street shops

Rough day for tech giants: Amazon posts $2 billion loss with a huge drop for the second straight quarter as shoppers return to stores - while Apple profits fall 11% due to supply chain crisis and COVID lockdowns in China

[debsdowner] 28/7/2022 09:37

Shop prices reached their highest price ever said BRC yesterday



Hopefuly inflation will start to ease later this year when grain from Ukraine gets moving and oil falls further but there has been a rise again lately.

MOSS BROS to exand by the opening of 4 new stores



With online stores slowing down and retail footfall improving in the High Street some retailers are getting faith in opening bricks and mortar stores.

[xxxxxy] 26/7/2022 20:02

John Redwood@johnredwoodNo wonder the IMF thinks the U.K. will slump to the bottom of the growth lists next year from top last year. We are the only advanced economy facing big tax rises on top of the energy crunch which will drive our economy down. Time to cut taxes.6:31 pm · 26 Jul 2022·Twitter Web App

[debsdowner] 26/7/2022 19:23

UK set to have lowest growth at a measly 0.5% of the G7 says IMF



It wouldn't surprise me if the IMF forecasts are downgraded again and the UK goes into recession.

[the_man_with_the_pink_gun] 26/7/2022 16:51

PM. RISHI?

[diku] 26/7/2022 16:08

Back in the trading channel...

[debsdowner] 26/7/2022 16:06

Retailers being hit today Asos the worst fallen 7.9% at the moment.

The outlook is gettting gloomier and some retailers struggling to make meaningful profits.