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M+S In Trouble Again
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I don't shop in M+S anymore. As a bachelor, I find I can get good quality socks and pants elsewhere, for less, and at my age I don't really need many new clothes.
But M+S sinks or swims on its ability to persuade women to buy clothes that they don't need. It was said on the news tonight that it makes hardly any profit from its food, so where does it go from here ?
I don't shop in M+S anymore. As a bachelor, I find I can get good quality socks and pants elsewhere, for less, and at my age I don't really need many new clothes.
But M+S sinks or swims on its ability to persuade women to buy clothes that they don't need. It was said on the news tonight that it makes hardly any profit from its food, so where does it go from here ?
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Zacs...The world of women's clothes is a foreign place for me and you may well be right.
I was listening to Eddie Mair interview an American woman living in Britain, and she said that she no longer bought clothes in M+S, as they were too "boxy" I have no idea what she meant and I have a suspicion that Mair didn't either, but I expect the Memsahibs did.
I was listening to Eddie Mair interview an American woman living in Britain, and she said that she no longer bought clothes in M+S, as they were too "boxy" I have no idea what she meant and I have a suspicion that Mair didn't either, but I expect the Memsahibs did.
Interesting comments ladies but haven't we heard them all before ?
What I mean to say is that every year or so, for many years, M+S seems to find themselves in this situation. Every now and then a senior Manager falsl on his sword, but 2 years down the line, we are back where we started.
Perhaps M+S are just not relevant anymore ?
In the 60's most men had their underwear bought by a women, from M+S....where else could they be bought ? Most of wollies came from M+S as well, but nobody bought food there.
Tesco was a supermarket selling groceries, by piling them high and selling them cheap. George at ASDA had yet to be invented, and the only other place that competed in the same sphere was the good old Co-op.
Now women can get clothes in 100's of other places on the High St and on line these days. These outlets seem to be able to move with the fashions much more quickly than M+S.
I am going to make a prediction....in 2-3 years time, we will be having the same discussion.
What I mean to say is that every year or so, for many years, M+S seems to find themselves in this situation. Every now and then a senior Manager falsl on his sword, but 2 years down the line, we are back where we started.
Perhaps M+S are just not relevant anymore ?
In the 60's most men had their underwear bought by a women, from M+S....where else could they be bought ? Most of wollies came from M+S as well, but nobody bought food there.
Tesco was a supermarket selling groceries, by piling them high and selling them cheap. George at ASDA had yet to be invented, and the only other place that competed in the same sphere was the good old Co-op.
Now women can get clothes in 100's of other places on the High St and on line these days. These outlets seem to be able to move with the fashions much more quickly than M+S.
I am going to make a prediction....in 2-3 years time, we will be having the same discussion.
I am also an older woman and would only buy plain jeans in M&S as anything patterned is so obviously M&S. Their cashmere is far too expensive and their clothes are so dowdy and out dated. I wont even begin to comment on their brash colours. Tone down the colours. Bring down the prices by half and they might see sales rise. Oh and get some young trendy fashion buyers.. Otherwise bye bye M&S ...
as I'm not interested in trendy fashion or things that look good on teenagers (or 40-year-olds for that matter), I still ocasionally buy clothes there. I suspect there just aren't enough people like me, though; there's a whole generation or more out there who just have to have designer names.
I still buy food there, though. Good sandwiches.
I still buy food there, though. Good sandwiches.
the food is excellent and, as I understand it, a good chunk of their profit comes from it, another major stream, certainly from a cashflow aspect, being their property portfolio, something they have always been astute in.
Their new Sparks card is interesting as a marketing tool and that could be a big advantage coming forward, their general merchandising has improved but, like many, they have been caught out by the weather......
Their new Sparks card is interesting as a marketing tool and that could be a big advantage coming forward, their general merchandising has improved but, like many, they have been caught out by the weather......
M&S refused my credit card when I went to buy a suit 20 odd years ago. Not because my credit was bad but because they only wanted to use their own card. Lady suggested going to cash point and coming back so I left and went elsewhere.
Never been back since. I never liked the store anyway it was only because of my wife I went in the first place.
Where will M+S go from here? I suspect it is a dying store that wont be with us in 10 years time(possibly less).
Never been back since. I never liked the store anyway it was only because of my wife I went in the first place.
Where will M+S go from here? I suspect it is a dying store that wont be with us in 10 years time(possibly less).
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