Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 292.60
Bid: 292.60
Ask: 292.70
Change: 4.60 (1.60%)
Spread: 0.10 (0.034%)
Open: 290.10
High: 295.10
Low: 286.50
Prev. Close: 288.00
MKS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

REFILE-UPDATE 1-Britain on track for record Black Friday sales

Fri, 26th Nov 2021 15:32

(Adds dropped word in paragraph 4)

* Transactions up 23% on 2020 as of 1300 GMT -Barclaycard

* Sales forecast to hit 9.15 bln stg
-GlobalData/Vouchercodes

* Amazon disrupted by climate activists

By James Davey

LONDON, Nov 26 (Reuters) - Britain looks to be on track for
record sales over the Black Friday discount weekend despite
supply chain disruption, with initial data indicating nearly a
quarter more shopper transactions versus last year.

Barclaycard, which processes nearly 1 pound ($1.33) in every
3 pounds spent on credit and debit cards in the United Kingdom,
said the volume of payment transactions as of 1300 GMT was up
4.2% compared to the same period in 2019 and up 23.3% on 2020,
when non-essential stores were closed due to a COVID-19
lockdown.

"So far the data looks extremely promising and we should be
set for one of the most successful Black Friday shopping sprees
on record," said Rob Cameron, CEO of Barclaycard Payments.

Analysts at GlobalData for the VoucherCodes Shopping for
Christmas report forecast total sales of 9.15 billion pounds
over the four day Black Friday to Cyber Monday period - up 15.1%
on the 7.95 billion pounds taken in 2020 and up 6.8% on the 8.57
billion pounds taken in 2019.

Black Friday, taking place against a backdrop of shortages https://www.reuters.com/business/retail-consumer/shortages-cast-shadow-over-britains-black-friday-2021-11-26
of both products and drivers to deliver them, is particularly
important for department store group John Lewis, consumer
electricals retailers Currys and AO World and
general merchandise retailer Argos, which is part of supermarket
group Sainsbury's.

While Tesco, Britain's biggest retailer, and Asda
are also participating, some major retailers, including Marks &
Spencer and Next, shun the event.

On Thursday, UK retailers reported the strongest
pre-Christmas demand since 2015 but also the biggest price rises
since 1990, as fears of shortages led shoppers to buy gifts
early, figures from the Confederation of British Industry
showed.

On Tuesday, AO warned of limited supplies of games consoles,
including Sony's PlayStation and Microsoft's
Xbox, and Apple iphones, blaming the global shortage of
semiconductor chips.

Earlier this month, Sainsbury's similarly warned shoppers to
expect a shortage of electronics products.

Currys, however, has said it is well stocked.

Delays in international supply chains are being compounded
by labour shortages in domestic transport and warehousing
networks, with a shortage of heavy goods vehicle (HGV) drivers
particularly acute.

Amazon's Black Friday was disrupted by climate
activists https://www.reuters.com/business/cop/climate-activists-target-amazon-depots-britain-black-friday-2021-11-26
targeting 15 depots across Europe and it also faced protests by
workers and delivery drivers in Germany, France and Italy.

In the U.S. stores were less crowded than in years past as
major retailers opened their doors early.
(Reporting by James Davey; Editing by Susan Fenton and Raissa
Kasolowsky)

More News
11 Jan 2024 08:40

LONDON MARKET OPEN: Stocks in the green; M&S slides as Tesco edges up

(Alliance News) - Stock prices in London climbed at Thursday's market open, with investors feeling hopeful ahead of US inflation data, and considering Christmas updates from grocery companies.

Read more
11 Jan 2024 07:41

LONDON BRIEFING: M&S reports strong sales momentum; Tesco ups guidance

(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.

Read more
11 Jan 2024 07:01

M&S sees FY in line as Christmas sales rise 8.1%

(Sharecast News) - UK retailer Marks & Spencer said it expected to deliver annual results in line with expectations despite higher-than-expected cost increases as it reported an 8.1% rise in sales over the key Christmas quarter driven by food revenue and womenswear.

Read more
10 Jan 2024 08:49

LONDON MARKET OPEN: Grocers weigh on FTSE as Sainsbury's disappoints

(Alliance News) - Stock prices in London opened mixed on Wednesday, as investors remained cautious ahead of US inflation data, and rising geopolitical tensions.

Read more
9 Jan 2024 08:00

UK's M&S Christmas food sales growth topped only by Lidl

M&S food sales up 12.1% year-on-year in 12 weeks to Dec 30 -NIQ

*

Read more
9 Jan 2024 07:54

UK discounter B&M keeps profit outlook after Christmas sales rise

Third quarter revenue up 5%

*

Read more
8 Jan 2024 17:07

FTSE 100 lags European peers as oil drags

Shell drops; flags Q4 writedown on Singapore assets

*

Read more
5 Jan 2024 16:26

UK's Asda to match some discounter prices in push for market share

Asda to match Aldi and Lidl prices on 287 products

*

Read more
5 Jan 2024 16:02

UK dividends calendar - next 7 days

Monday 8 January 
abrdn Equity Income Trust PLCdividend payment date
Intermediate Capital Group PLCdividend payment date
Tuesday 9 January 
no events scheduled 
Wednesday 10 January 
Assura PLCdividend payment date
Bellway PLCdividend payment date
Fidelity Special Values PLCdividend payment date
LXi REIT PLCdividend payment date
Severn Trent PLCdividend payment date
Volex PLCdividend payment date
Vp PLCdividend payment date
Thursday 11 January 
AJ Bell PLCex-dividend payment date
Ashtead Group PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCex-dividend payment date
CMC Markets PLCdividend payment date
dotdigital Group PLCex-dividend payment date
Ecora Resources PLCex-dividend payment date
European Assets Trust PLCex-dividend payment date
Foresight Group Holdings Ltdex-dividend payment date
GSK PLCdividend payment date
ICG-Longbow Senior Secured UK Property Debt Investments Ltdex-dividend payment date
JPMorgan Asia Growth & Income PLCex-dividend payment date
Keystone Positive Change Investment Trust PLCex-dividend payment date
LondonMetric Property PLCdividend payment date
Murray International Trust PLCex-dividend payment date
National Grid PLCdividend payment date
Primary Health Properties PLCex-dividend payment date
Sage Group PLCex-dividend payment date
Smiths News PLCex-dividend payment date
SSE PLCex-dividend payment date
Supermarket Income REIT PLCex-dividend payment date
TR Property Investment Trust PLCdividend payment date
Walker Crips Group PLCex-dividend payment date
WH Smith PLCex-dividend payment date
Worldwide Healthcare Trust PLCdividend payment date
XPS Pensions Group PLCex-dividend payment date
Friday 12 January 
3i Group PLCdividend payment date
Associated British Foods PLCspecial dividend payment date
Caffyns PLCdividend payment date
Celebrus Technologies PLCdividend payment date
Chelverton UK Dividend Trust PLCdividend payment date
CML Microsystems PLCdividend payment date
Gore Street Energy Storage Fund PLCdividend payment date
Helical PLCdividend payment date
Impellam Group PLCdividend payment date
JPMorgan European Growth & Income PLCdividend payment date
Marks & Spencer Group PLCdividend payment date
Oxford Instruments PLCdividend payment date
Pets At Home Group PLCdividend payment date
Polar Capital Holdings PLCdividend payment date
Redde Northgate PLCdividend payment date
Regional REIT Ltddividend payment date
Scottish Oriental Smaller Companies Trust PLCdividend payment date
Triple Point Energy Transition PLCdividend payment date
Tritax EuroBox PLC dividend payment date
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
5 Jan 2024 08:57

LONDON BROKER RATINGS: Jefferies cuts Mondi to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
5 Jan 2024 07:39

LONDON BRIEFING: Clarkson to beat expectations; Ithaca CEO leaves

(Alliance News) - Stocks in London are expected to head lower at Friday's market open, as the year-end optimism about US rate cuts ebbs ahead of crucial economic data.

Read more
4 Jan 2024 17:03

FTSE 100 rebounds as Next outweighs slump in JD Sports

Next shines on profit forecast hike

*

Read more
4 Jan 2024 14:01

UK earnings, trading statements calendar - next 7 days

Friday 5 January 
no events scheduled 
Monday 8 January 
no events scheduled 
Tuesday 9 January 
B&M European Value Retail SATrading Statement
Games Workshop Group PLCHalf Year Results
Wednesday 10 January 
Glenveagh Properties PLCTrading Statement
Greggs PLCTrading Statement
Gym Group PLCTrading Statement
Hunting PLCTrading Statement
J Sainsbury PLCTrading Statement
Nichols PLCTrading Statement
Persimmon PLCTrading Statement
Thursday 11 January 
Atrato Onsite Energy PLCFull Year Results
Ferrexpo PLCFull Year Results
Hilton Food Group PLCFull Year Results
Knights Group Holdings PLCHalf Year Results
Marks & Spencer Group PLCTrading Statement
MJ Gleeson PLCTrading Statement
Reach PLCTrading Statement
Robert Walters PLCTrading Statement
Taylor Wimpey PLCTrading Statement
Tesco PLCTrading Statement
Whitbread PLCTrading Statement
XP Power LtdTrading Statement
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 08:46

TOP NEWS: UK grocers enjoy bumper Christmas and inflation cools

(Alliance News) - The UK grocery sector had its busiest festive period since the onset of the Covid-19 pandemic four years ago, numbers from Kantar showed on Wednesday, while price inflation worries for consumers abated.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.