Marks And Spencer Share Discussion Threads

[ignoble] 07/11/2017 10:56

Marks is part of the history of my life
Yup , I am that old !
No body hopes they can survive and succeed more than I
When Woolworths went I was in tears, lol

Interesting point Trev that long term loyal customers are leaving this earth.
I am to be one ...that is my day ruined

Wife loves their food ...always buys the majority of our food from them ...

[simon templar qc] 07/11/2017 10:45

John Lewis weekly sales no better down 3.7%




This latest news just adds to the latest grim outlook for the High St.

[grahamite2] 07/11/2017 10:44

What constant change, Trev? A pair of underpants is a pair of underpants!

Am I missing something?

[montyhedge] 07/11/2017 10:41

Don't know about Paddington Bear more like Stockmarket Bears in this one.

[123trev] 07/11/2017 10:31

Don’t think even Paddington can save this from a long and slow demise another BHS in the making in the end.The trouble is the competition is so great and these dinasors can’t keep up with the constant change and the fact that every year the customer base gets less and less as loyal customers leave this earth.

[philanderer] 07/11/2017 10:21

M&S reveals Christmas advert starring Paddington Bear

here it is..





'M&S Christmas ad uses Paddington Bear to target family audience'

Campaign, which makes debut on Tuesday, is linked to 90 products and has charity tie-in, echoing tactics used by John Lewis

[philanderer] 07/11/2017 10:11

What are they up to ?


"..BA also pledged to provide 'upgraded catering' in economy on long haul flights. No details were given but a source said it would involve 'better food', and more of it.
Passengers have complained about the airline running out of food on flights, and not being offered enough drinks and snacks by cabin crew.

"But BA confirmed it has no intention of re-instating free sandwiches, snacks and drinks on short haul flights."

[simon templar qc] 07/11/2017 09:53

New Look paints a grim outlook...

HTTPp://www.bbc.co.uk/news/business-41886330

[freedom97] 07/11/2017 09:50

Retail sales for October, most likely down due to the very mild weather we had, wasn't it warmest on record? so not many shopping for autumn/winter clothes.

Should see big increase in clothing sales for November, due to the rapid change in weather.

Will be interesting to see the December data for November.

[grahamite2] 07/11/2017 09:49

ignoble, I paid £8.50 for 4 pairs of M & S lambswool socks on ebay - your wife would be well impressed!

But I wouldn't even have thought of going there if M & S itself had been properly stocked. I'd have paid £15 for 3 and never known about the bargain I was missing.

[simon templar qc] 07/11/2017 09:41

"Data overnight from the British Retail Consortium showed that last month retail sales fell at their fastest rate since October 2008. Like-for-like overall sales fell by 1 per cent, versus increasing by 1.7 per cent this time last year. Food sales climbed by 2.4 per cent, non-food collapsing by 2.9 per cent ringing alarm bells for sales this Christmas. Separate data from Barclaycard showed that spending grew by less than inflation (2.4 per cent), which is currently running at 3 per cent."

[simon templar qc] 07/11/2017 09:38

Primark doing far better at the expense of other large stores..

[simon templar qc] 07/11/2017 09:28

Worst retail sales say BRC

Bound to be news on store closures tomorrow the High St struggling to survive the rate hike by BOE made matters worse.

[ignoble] 07/11/2017 09:25

It is an interesting one , Grahamite
Have they quite worked out what Marks customers are looking to buy ?

Maybe times have changed and the huge stores are past their sell by date

I don't have answers

Over the last months though , my wife and friends seem to be saying "we will wait for the Sales" before buying a coat or whatever.
Few actually buy clothing on line due to sizing issues and the hassle of returning things.

Maybe the mentality of how we shop is very different.
My wife will only buy if the price is right

[qantas] 07/11/2017 09:24

Shorts updata

Shorts may have got it wrong big time.....

Now at 11.14% or 180,995,556 shares

www.shorttracker.co.uk/company/GB0031274896/

www.www.dailymail.co.uk/money/markets/article-5050159/Short-sellers-betting-1bn-high-street-decline.html


Please do your own research.

[simon templar qc] 07/11/2017 09:19

Grim news on High St worst sales growth of non food on record:

[qantas] 07/11/2017 09:09

Amazon is shutting two Whole Foods shops in the UK just two months after completing its £10.7bn takeover of the upmarket grocery chain. The company is closing down its stores in Cheltenham, Gloucestershire and Giffnock, East Renfrewshire meaning that there will be just seven UK shops remaining, all of which are in London. - Telegraph

Please do your own research

[grahamite2] 07/11/2017 09:04

I'm not really looking for a wow factor, more for a good selection of basics. I thought this was what the new management was committed to.

I wanted some lambswool socks with a quiet pattern - not too much to ask. M & S had precisely one. OK, one is enough, but they were out of stock in 2 of 4 sizes. Now - surely there should have been a note: either "new stock coming soon" or "new line to replace this coming soon"?

In the event I got some M & S socks from ebay - good quality and excellent in every way so why did they stop carrying them?

[ignoble] 07/11/2017 08:54

Having had a walk around a large Marks store at the weekend ....
Rows of clothing , well displayed etc. but nothing that jumped out to make me want to buy anything.
I need a couple of winter sweaters but out of so much choice nothing had the WOW factor.
Is there just too much choice ?

I don't know what it is ?

[grahamite2] 07/11/2017 08:52

Isn't the long term chart here more useful than all the stuff cluttering up a spob thread? Perhaps not for a day trader.

[philanderer] 07/11/2017 08:45

7th nov HSBC buy tp 410p cut from 435p



Retailers hit by worst non-food sales growth on record

Sales of non-food items grew at the slowest pace since records began as families chose days out over shopping, the British Retail Consortium has said.

[philanderer] 06/11/2017 12:54

'Not just for over-55s! M&S chairman says chain needs younger clothing'

Internal report of Archie Norman’s comments during store visit comes as underperforming retailer looks poised to launch tougher turnaround plan

[mornington crescent] 06/11/2017 10:56

They have been offering big discounts in the last few months

struggling to hold on to like for like

[opodio] 04/11/2017 17:18

Steve Rowe, Chief Executive said:

"Trading in the first quarter was in line with our expectations and we are on track with delivery of the plan we announced last year. I am pleased that we continue to grow full price sales in Clothing & Home, with reduced discounting and no clearance sale in the quarter. In our Food business, we delivered strong growth from new Simply Food openings, and are prioritising better ranging and stronger promotions."



Group revenue increased 2.7% in the 13 weeks to 1 July 2017 (up 1.8% in constant currency).



Clothing & Home revenue was down 0.5%. In line with our strategy, full price sales were up c.7%, as we reduced the number of promotions and there was no clearance sale in the quarter compared with one last year. We start our summer sale today, a week later than last year, with terminal stock for the season significantly down.



Food revenue increased 4.5%. New Simply Food stores continue to perform ahead of our expectations. We are focused on tightening execution through improving ranging in store and on delivering stronger promotions in a competitive market.



International revenue increased 3.8% (down 4.0% in constant currency). Retained owned and franchise revenue was up 9.4% (1.4% in constant currency). Consistent with the plans we set out in November 2016, we have now closed 28 of 53 stores in the owned markets we are exiting.



Full year guidance remains unchanged. We will report our Interim results on 8 November 2017.



* Like-for-like is the movement in revenue from stores which have been trading, or where there has been no significant change in footage, for at least 52 weeks; includes online sales