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Marks & Spencer £20 coming soon (MKS)     

tobyboy - 05 Jun 2007 16:10

anything under 7 cheap cheap cheap. good div. just paid. chart looks sick

skinny - 16 Jan 2019 11:30 - 969 of 974

M&S names next 17 stores it wants to close

hangon - 17 Jan 2019 16:21 - 970 of 974

FWIW - It's all very good "closing Stores" ( which implies they are unprofitable for some reason that wasn't present when they were opened )..... but the word on the street is that their food is overpriced and their clothing is neither fashionable nor good-value.
Combine these and investors might think Management needs to look itself in the mirror "What am I contributing that will correct this?" Fact is that M&S has relied on "Food" to bolster the clothing, which appears not to satisfy many women ( typically 90% of clothing sales). Closing shops will reduce Rents/Wages but it loses the contact with CUSTOMERS - as I suspect ( but cannot know), most like to feel/touch before buying . . . and are not really "On-Line Buyers" - I wonder how many stores assistants have been training their customers so they could use the Internet? I suspect none - as M&S would fear Folks will go for apparent "better-Value" elsewhere. sp=286.
Oh Deary....

skinny - 17 Jan 2019 16:32 - 971 of 974

My wife says that the Bluewater store - probably one of their biggest , has nothing of interest in the women's clothing department - I must admit (to my male eye) it does look pretty unappealing.

cynic - 17 Jan 2019 16:55 - 972 of 974

M&S women's clothing has been dire since i was in the rag trade some 50 years ago

Haystack - 21 Jan 2019 16:34 - 973 of 974

Would that be the 'rag and bone' trade?

cynic - 21 Jan 2019 16:43 - 974 of 974

that would have been the shepherd's bush branch rather than h/o at 1 brick lane
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