Ian Pollard – Marks Trounced By Tesco

Marks & Spencer MKS Brave words from Steve Rowe as he tries to explain away Marks continued decline both at home and abroad. Group third quarter sales for  the thirteen weeks  to the 30th December fell by 0.1%. In the UK total sales fell by 1.4% with clothing and home down by 2.8% which should […]

Warmest For Over 350 Years and Bonmarche Blames The Cold

Bonmarche BON. Lame excuses from the CEO of Bonmarche as he  blames the cold winter weather for a poor 4th quarter performance. Figures released today show that the winter of 2016 will have been the warmest for over 350 years, so pull the other one Mr. Butterwick. The year got off to a good start […]

Retailers Part 2 – Shedding A Little Light on M&S

It is on the borders that the first signs usually appear of an empire starting to collapse. Thus Nero’s fiddling and pyromanics were the forerunners of Goths,Visigoths and other alien tribes hacking away at the denuded borders of the once great Roman empire. The same applies to giant supermarkets. Once head office has lost the plot it shows […]

Who Bemoans The So Called Strength Of Sterling

Well Marc Bolland CEO of Marks & Spencer MKS does In fact, he was forced in yesterdays half year results to go for every excuse in the desperate CEO’s Excuses Handbook.Group half year sales were up by a miserable 1.4%. Like for like food sales were down. Like for like general merchandise sales were even […]