Marks And Spencer Share Discussion Threads

[leadersoffice] 08/11/2016 07:59

This is over half of the problem

[diku] 08/11/2016 07:53

Good bad or ugly?....

[philanderer] 07/11/2016 17:41

Tuesday preview: M&S to report drop in first half profits

[philanderer] 07/11/2016 10:51

M&S to cut ties with more third-party suppliers

[philanderer] 07/11/2016 09:29

7th nov Investec hold tp 315p

reiteration

[careful] 06/11/2016 15:55

he has a pedigree in retail.
..but one other thing I like about his background.
Although he claims to be a Millwall fan,and you can't get more pleb then that,
his Dad was along time director of M&S.

He must know the weaknesses of the company inside out.
He turned down the offer to move into Bolland's flash office and decided to turn it into a conference room that could be used by anyone instead.

Sounds good to me.

[diku] 06/11/2016 14:16

Beginning to think Steve Rowe is very determined to pull this turn around plan for M&S....isn't he the one who started on the shop floor many years ago?...(stand to be corrected)...I also think once the turn around plan is progressing well he will facilitate M&S to be taken over....& if this were to happen his credibility/services would be high in demand from other companies/projects....really hope he pulls it off....

Cost cutting is generally liked by the City..

[philanderer] 06/11/2016 09:59

preview..

Kate Calvert, analyst at Investec, said: “Steve Rowe will give part two of his
strategic update on November 8. Having set his first priority as reviving clothing sales in May, Steve Rowe is due to come back to the ideal UK store estate in a multi-channel world, international operations, and capital returns.

“We believe the market already anticipates action in all these areas and is likely to focus on weak trading and profit decline,” she said.

Investec is pencilling in a 23 per cent fall in half-year underlying
pre-tax profits to £218 million.

Ms Calvert described Marks & Spencer’s owned businesses in Ireland,
Czech Republic and Greece in particular as the ‘main drag’ on the international business.

[philanderer] 04/11/2016 17:31

So it`s been well leaked and flagged up now , so it had better happen...

"M&S expected to announce closure of up to 30 stores"

Outlets in towns and shopping centres likely to bear brunt of cuts as part of chief executive Steve Rowe’s turnaround plan

Marks & Spencer is expected to announce the closure of up to 30 stores next week as part of an attempt to revive the British retailer.

Smaller outlets in flagging towns and shopping centres are likely to form the bulk of the closures, and other stores could be relocated or downsized over several years, potentially leading to thousands of job losses.

Shopfloor space is expected to be reallocated, as the Guardian first reported earlier this year, meaning bigger food halls and smaller clothing areas. Unwanted floorspace could be given over to other businesses including retailers and restaurants.

[philanderer] 04/11/2016 13:30

Fingers crossed that happens.

[freedom97] 04/11/2016 11:08

Todays fall in share price is just following the UKX, same pattern (see charts above) as NXT, KGF, INCH & TSCO. When the UKX rises so will MKS imo.

[diku] 04/11/2016 10:51

What it tells you is that the joe public is so gullible...

[philanderer] 04/11/2016 10:46

Yep, £250,000 a pop for Blair

[diku] 04/11/2016 10:29

Once the Political career is nearly over they can always look forward to the speech/media column gravy train...

[philanderer] 04/11/2016 10:16

And that`s a bloke who has a degree in Modern History , no economic qualifications apart from o-level maths :-S



Boost for UK retailers as sales rise for the first time since January - but fashion can't follow the trend

++ Experts said the figures were boosted buy a post Brexit feelgood factor
++ But fashion sales struggle as warm weather means less coats and jumpers


Read more:

[diku] 04/11/2016 10:10

From the media he is already onto the gravy train...does it matter to him if its hard Brexit, soft Brexit or no Brexit?....


George Osborne earned almost £100,000 for three speeches involving less than five hours' work, it has been revealed.

The former chancellor’s two appearances at the Securities Industry and Financial Markets Association in Washington earned him £69,992 from a totalling one-and-a-half hours on September 27 and October 18, according to the parliamentary register of interests.

He was also due to be paid £28,454.40 for a speech on October 17 to the Hoover Institution at California's Stanford University.

Travel and accommodation expenses were also being covered by Mr Osborne's hosts.

The total £98,446.40 for four-and-a-half hours of work declared equates to a rate of £21,877 an hour.


Shortly after being sacked from the Government by Prime Minister Theresa May in July, Mr Osborne signed up with the Washington Speakers Bureau (WSB), which offers many big political names for after-dinner speeches.

[diku] 04/11/2016 09:45

That MP should be campaigning to have salary/bonus claw back form the previous CEO...so does that MP wants to see M&S fail and all those staff lose their jobs?....that MP should be promoting household names like M&S...maybe she should speak to those BHS staff how they feel...

[qantas] 04/11/2016 09:26

? reason for today's fall?

[philanderer] 04/11/2016 00:21

Daily Mail carrying the store closures story as well...

[philanderer] 03/11/2016 17:07

Going to close down stores in China / Far East according to Bloomberg.

Hopefully close down some uk clothing stores as well. Just a few days to find out.

[diku] 03/11/2016 11:19

Is it going to kiss the SMA 200?....

[philanderer] 03/11/2016 10:27

Good numbers from MRW