M&S cuts 1,000 jobs as fashion sales dive

Ian_Griffiths_Halifax

I've just had this emailed through which I thought was quite funny.

Marks & Spencer are to merge with Poundstretcher. They will trade as Stretchmarks :rotfl:

pinkfluffybabe

I wonder how much they shell out to Take That and those 'famous' women to do their adverts?!? Bit of moneysaving needed there methinks. I am hardly going to shop somewhere because Twiggy is in the advert.

I like M&S food and some of their other items. Their website leaves a lot to be desired but overall they are fairly decent, especially compared to Debenhams which has constant megadays and looks like a jumble sale.

The charging for a shopping bag only happens in foods and it is 5p for a basic carrier bag. The 10p ones are 'bags for life' which M&S will replace if they burst. I have only been caught out once without a bag, and it won't be happening again!

I think they are being sensible making decisions and being realistic about their business in 2009.

mysterytoyou

beecher wrote: »

Best of luck, it must be a frightening time. The pension changes look a bit alarming too.

My hubby's stores he works at are safe, for now, thanks. :-)

But I don't agree with people that have said M&S is for 40+ or for people who are not young/have children etc..

I am early 30's, have 3 children under the age of 5 and quite often in there with a buggy!

I have shopped at the Food Hall for years, and buy other basics/groceries at Sainsbury's/Tescos'.

I also buy the children's clothes, & a few bits of undies.

I personally don't like the clothing for adults (of my age) but my father used to love his M&S jumpers & trousers.

That is where I think they are getting it wrong, until more recently, their clothes were all aimed at a certain age range.

mitchaa

pinkzebra wrote: »

They may have made £1 billion profit, but they are still £3 billion in debt :eek:


"M&S, which last year made workers’ redundancy packages less generous, has cut investment recently to reduce its £3 billion debt. "

The debts will probably be pension based, £1bn profit is not to be sniffed at and is hardly indicitive of a failing company thats about to shut its doors.

SingleSue

I love M&S food and will buy it when the purse allows...I was one of those who took up their party offer last week (3 trays of party food plus a bottle of Cava for a tenner) and it was way way better than the Iceland party food I had purchased the week before.

I have purchased some clothing items from them (I sit here wearing M&S jeans, £5 in the sale) but not very often.

GracieP

pinkfluffybabe wrote: »

I wonder how much they shell out to Take That and those 'famous' women to do their adverts?!? Bit of moneysaving needed there methinks. I am hardly going to shop somewhere because Twiggy is in the advert.

And to Dervela Kirwin. I too have a neutral Irish accent and can speak in a languid, sexy voice while eulogising about food. I offer my services for 1/3 of what she's paid. But only if I can eat the food when they finish filming.:D

berniesmaster

GracieP wrote: »

And to Dervela Kirwin. I too have a neutral Irish accent and can speak in a languid, sexy voice while eulogising about food. I offer my services for 1/3 of what she's paid. But only if I can eat the food when they finish filming.:D

lol, i can do a harsh bristolian!!

bo_drinker

pinkfluffybabe wrote: »

I wonder how much they shell out to Take That and those 'famous' women to do their adverts?!? Bit of moneysaving needed there methinks. I am hardly going to shop somewhere because Twiggy is in the advert.

I like M&S food and some of their other items. Their website leaves a lot to be desired but overall they are fairly decent, especially compared to Debenhams which has constant megadays and looks like a jumble sale.

The charging for a shopping bag only happens in foods and it is 5p for a basic carrier bag. The 10p ones are 'bags for life' which M&S will replace if they burst. I have only been caught out once without a bag, and it won't be happening again!

I think they are being sensible making decisions and being realistic about their business in 2009.

We were at the Cribbs Causeway store recently and all the big pictures of all the celebs are gone. Just models. Obviously Xmas out the way but the women were advertising a long time before.

neverdespairgirl

The M & S boss has said he won't be taking a pay rise:

Marks and Spencer chief executive Sir Stuart Rose has said he does not intend to take a pay rise this year.

And he also believes it unlikely that he will be receiving a bonus.



http://news.bbc.co.uk/1/hi/business/7816414.stm

Airwolf1

Was trying to find out what salary he was on, doesn't say in that link. Apologies if posted in the thread already somewhere.