Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
As fat profits says its more aimed at click and collect.
I work for primark and there plans to ensure stock accuracy to allow for this.
If you rang a store and asked do you have a certain product someone would look and hold it already for a day or two as is.
The difference is going to be around the whole range being featured in a way that allows customers to see the product like online shopping and the speed of the interface to "purchase it"
The difference is no shipping, packaging or return costs.
As the customer would have to come to store to get it.
They may then also have a browse and purchase other items.
The new sustainable update as referenced on the 17th by someone goes live to staff tommorow in stores and has a number of new and improved green commitments.
Which as an employee are great to see and play a part in.
Quantum,
Hi I used to work there for 6 years. Along the staff floor there was a history of the building which had opening year and other significant milestones.
If you know the site well at the back entrance down to the food hall the ceilings are different heights as it details they acquired additional space to expand the building. Again this is clear in menswear with the stairs and ramp.
And I want to say the way it was written implied they owned the buildings.
Maybe best to email investor relations to be sure they should be able to answer that one.
I could have sworn I saw 3 posts about t/o rumour I have absolutely no idea where I got that idea from. As the only other bb I been on is emed and who would pay 5.25 for a 0.11p share lol. Oh well if its useful its useful if it isn't its the ravings of a mad man lol
As someone who works for m and s I haven't heard abything. However based on profits of 700m that values us at 8.4b at the same eps as we are now (12) it gives a value of pretty much 5.25 a share. Now I don't know how some would feel about q take over but as a member of staff it wouldn't bother me and I'm sure in these uncertain times most wouldn't say no to a 30% profit. But who has the money to buy m and s at such a premium and considering they have debts of close to a billion pound (think I picked that from their annual reports) why would they pay such a premium. They have already said margin will be tighter and that's with price increases. If I had money to buy into m and s I would accumulate a 30% stake and a semi hostile takeover. Other than ii there's no massive stake holders. Other than that sales had a good start to yr as much due to ash cloud vs last yr. O and a note of caution look at the graph these shares trade in peaks and troughs and always tend to dip after the divis hope they hold at this level tho.
what to say here. Big slide for a ftse company since the highs. however its got potential to go up somewhat. i personally feel this is based on PE ratios from a technicial point of view historically m and s always traded around the 12 mark. 10 seems to low i personally feel 11 feels right with the current econmic times and the middle eastern issues. With the full year profits due out around april we should hopefully get some lift. I definately feel 600m which was the profit figure last year should be hit. i hope for 650m based on a 5-6% increase in group sales and some efficency savings . online and international will help make that figure. Also stratford store opens in September trading on 136000 sq feet with a sales plan of 50m not sure if this is until april or full calender year all in all £4 sounds good :)
i work for m and s in one of their larger stores and its been quite competetive. We had the best week planned for 2 yrs but snow and tube strikes kind of rained and that parade however it was still above expectations. However most weeks performance have been up on the year. we trade 6% ahead of plan for clothing 2% for food and we arent a big food store being in central london and the only thing not doing so well is homewear which is the same across the buisness but one of the smallest cash buisness units. i as an employee was lucky enough to be invovled in a share save equity scheme and am looking to get out at around £5 a share in a years time when it matures another note last year xmas was on friday so it wasnt a full trading week. This year with xmas on sat theres a extra day there and with sale starting on sunday last year with all english stores only open for 6 hours the fact we can have a much bigger first day on the monday should more than make up for that. so im reasonably confident i will see close to my target. At least it must have a year high of around 450-475.