Marks And Spencer Share Discussion Threads

[philanderer] 20/6/2017 16:26

Goldmans reiterating it`s 'sell' today

[philanderer] 19/6/2017 18:59

Marks & Spencer has started laser printing avocado labels to reduce waste

[philanderer] 18/6/2017 17:10

Tend to go agree with that careful. Morrisons seems to be the obvious fit for Amazon if they want outlets. They've got some sort of deal going with them at the moment.

[diku] 18/6/2017 12:01

This is how the US companies get bigger...doing deals...unlike UK companies they just keep on changing the CEOs/Chairmans!!...merry go round!!...one time performers during their era is no guarantee to out perform in today's era...the new Chairman news excitement all evaporated in the share price ... novelty wears off very quickly...could Amazon come after M&S just like Wallmart took over Asda many years ago?....or could M&S & Next do a deal?..

[careful] 18/6/2017 09:29

Yet SBRY are bidding to buy lots of corner shops.
Todays Sunday Times.

It is getting harder to predict the future.
My guess is that food shopping will stay mostly non tech.

for all of the hype, Amazon will find that, unlike books and Kindles,
bananas and fish go rotten very quickly.

[philanderer] 18/6/2017 08:34

Whole Foods, then a whole industry? Amazon sinks teeth into supermarkets

Jeff Bezos’s purchase of the organic food chain is a clear sign that the UK’s big grocers will soon be in the fight of their lives

...Morrisons rose 1%, presumably because it already has a supply agreement with Amazon in the UK and thus could become a takeover target if the US giant also wants to buy a UK chain.

Therein lies the most intriguing element of the deal: Amazon, the online revolutionary, feels the need to own shops to be big in groceries. It is the reason why UK supermarkets should not conclude that their business models are broken. Amazon is proposing an approach that looks like their own: a mix of online and physical stores.

[philanderer] 17/6/2017 08:58

Shoppers may see big changes after Amazon buys Whole Foods

Read more:

[philanderer] 17/6/2017 00:49

Blimey :-O

Bruce Southside‏ @bruce_southside 6 hours ago

Quite an embarrassment. M@S hawking its wares under an escalator ....in a shopping Mall.

She was fed up too .....

[philanderer] 16/6/2017 18:10

Supermarket stocks crushed by Amazon-Whole Foods deal, as FTSE 100 posts widest weekly loss in two months

Amazon’s deal to buy upmarket grocer Whole Foods Market crushed retail stocks, raising fears about competition for the sector. Jefferies analyst James Grzinc said the deal will likely have far-reaching consequences for the global grocery industry. He also said the share price plunge suggested investors are concluding that Amazon will use the deal as a platform “for a frontal assault on the category and strongly pressurise legacy players in the process”.

Tesco plummeted 8.9p to 171.1p, Sainsbury’s dropped 10.1p to 252.3p and Marks & Spencer tumbled 6.6p to 345.2p. Ocado and Morrisons, who fell sharply in the immediate aftermath of the announcement, managed to eke out modest gains of 1.5p and 2.7p, respectively. The sell-off sector wide rounded off a torrid two-day rout for retailers, with the FTSE 350 food and drug retailers index suffering its worst week this year, down by almost 4pc.

[philanderer] 16/6/2017 18:07

free, good spot that , over reaction by retailers here I reckon.

------------

"Amazon to buy Whole Foods in £10.7bn swoop"

Amazon has announced a $13.7bn (£10.7bn) takeover of upmarket food chain Whole Foods in an all-cash takeover that will propel the US online giant's near-decade long push into groceries.

The company will pay $42 a share for Whole Foods, which will instantly give it a large physical presence via more than 460 shops across the US, Canada and the UK.

"Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy,” said Jeff Bezos, Amazon founder and chief executive.

“Whole Foods Market has been satisfying, delighting and nourishing customers for nearly four decades – they’re doing an amazing job and we want that to continue.”

Amazon was first linked to a potential takeover in Aprilwhen reports surfaced that the internet giant had considered buying Whole Foods last autumn.

Whole Foods has also been under pressure to sell itself after activist firm Jana Partners built up a stake and urged the company to consider a sale.

The takeover of Whole Foods is Amazon's biggest ever deal and dwarfs its 2009 takeover of online shoe retailer Zappos, which it bought for $1.2bn.

John Mackey, co-founder and boss of Whole Foods, will stay with the business and remain as chief executive.

Amazon last year launched its groceries offer in the UK. It is expanding Amazon Fresh, which includes fresh produce from Morrisons, to more cities.

[philanderer] 16/6/2017 17:28

Ah ! thanks free , Amazon eh :-S

[freedom97] 16/6/2017 16:37

Boraki, I was wrong about you selling to soon, I didn't expect the MM's to crash all supermarket shares on the Amazon.com news in America. Morrisons share price bounced back quickly though and closed up! I expect share price here will bounce back up Monday when market realises drop overdone today:

[boraki] 16/6/2017 16:17

I also think the Dow will sell off big time very shortly

:-(

p.s, randgold might be the place to go with all the uncertainty about

Just my honest opinion

Good luck anyway

I still think M and S is a quality company, just not a quality share, never seen a ftse 100 company go down 5% (yesterday) without news from the company itself. This sent warning bells off in my head, and reminded me of 87. That is why I sold.

Hope to be back next year, if things work out the way I expect

[boraki] 16/6/2017 16:15

Nope, the shareholders are getting a bit anxious with all negative news and markets toppy.

You are right freedom, I did sell to soon, although I did think it would sell off for the weekend. -9.5p as I speak

[freedom97] 16/6/2017 15:58

Something caused all supermarket shares to dive at same time, only MRW has recovered so far. Manipulation or what??

[philanderer] 16/6/2017 14:43

OOps, what happened there ???

[freedom97] 16/6/2017 12:09

Looks like you sold too soon Boraki.

Nice try with that video from 2015.

The markets have changed since then. Even in the UK more people are in work than ever before and with interest rates at all time low, they need somewhere to put their money, that's why the market has continued going up at a very steady pace.

Of course some institutions will always try to cause a crash, but not as easy as it was years ago.

I take it if you believe what's in that video, we won't see you here again after selling out.

Take care.

[boraki] 16/6/2017 09:44

Market crash 2017

[ignoble] 15/6/2017 18:12

The consumer appears to be pulling their reins in.
I still think that the stores really don't understand what we wish to buy.

The big boys just give too much choice.
If I need a blue sweater I don't need the choice of 20 shades of blue
V neck or crew neck , light or dark blue Job done !

[boraki] 15/6/2017 14:33

I'm out

Market is too toppy

Goodbye good luck to all

[philanderer] 15/6/2017 10:11

DFS profit warning maybe as well ?

Telegraph:

The pound extended its losses this morning after data showed UK retail sales fell more than expected last month.

It is currently down 0.7pc at $1.2706 against the US dollar. Against the euro, it's off by 0.82pc at €1.1182.

Sterling is also under pressure from broad dollar strengthen following yesterday's move by the Fed to raise interest rates

[boraki] 15/6/2017 09:29

and American interest rates pulling them down