Author Topic: Is Marks and Spencer set to follow BHS?  (Read 2567 times)

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Is Marks and Spencer set to follow BHS?
« on: November 10, 2016, 07:19:23 PM »
Marks and Spencer a well known high street store that first opened in 1884 founded by two brothers their business grew from an market stall into an well known brand. Over the years their business relied on middle class customers for business St Michael's range was the by word for luxery goods.

But in recent years have seen their main custom base the middle class cut back on their spending clothing sales have dropped dramatically M&S then they tried to break into the food market with high end goods and foods in attempt to woe back the middle class but this didn't stop the decline . M&S have already closed some of their stores though out the country in the early 2000s many changes have been tired like getting in well known designers for an more up to date clothing also changing the company management all in vain. M&S have recently rolled out as ' Simply Range' goods which in reality is the same has Tesco's ' Everyday Range' but still profits fall.

Now M&S are planning to close 60 stores and make smaller stores into food only shops they face an uphill struggle has Aldi and Lidi dominant the food market can M&S survive in this economic climate or will they join the likes of BHS?
Ex Newbold ex Arbourthorne, Sheffield now sunny Dronfield.

Old Cruser

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Re: Is Marks and Spencer set to follow BHS?
« Reply #1 on: November 10, 2016, 08:00:00 PM »
M&S can't compete with Lidl and Aldi but I personally don't think they are mega expensive either.

There clothes aren't badly priced but I think it's more to do with the ranges they sell.
They are a bit 'old maid' in some areas.

Again I have been in there and bought a few items of clothing I was intending to buy from there anyway - just in case they close the clothes section down - I dread the thought of having to go to Meadow Hell!
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Fly

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Re: Is Marks and Spencer set to follow BHS?
« Reply #2 on: November 10, 2016, 08:08:25 PM »
Last thing I had from M&S was some freebies I won on a facebook competition LOL
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Re: Is Marks and Spencer set to follow BHS?
« Reply #3 on: November 10, 2016, 08:24:08 PM »
I haven't bought much in the line of close for a long time from there but I used to.
I do like their underwear though and will miss them for those if they shut that department down.

I suppose we will have to wait and see if ours is one to go
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Re: Is Marks and Spencer set to follow BHS?
« Reply #4 on: November 10, 2016, 09:31:05 PM »
M&S can't compete with Lidl and Aldi but I personally don't think they are mega expensive either.

There clothes aren't badly priced but I think it's more to do with the ranges they sell.
They are a bit 'old maid' in some areas.

Again I have been in there and bought a few items of clothing I was intending to buy from there anyway - just in case they close the clothes section down - I dread the thought of having to go to Meadow Hell!

In Chesterfield M&S's biggest problem is Primark they can't compete on price quality aside the economic climate we live in will dictate spending hence why M&S have brought out the Simply range .
Ex Newbold ex Arbourthorne, Sheffield now sunny Dronfield.

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Re: Is Marks and Spencer set to follow BHS?
« Reply #5 on: November 11, 2016, 09:25:05 AM »
I haven't bought much in the line of close for a long time from there but I used to.
I do like their underwear though and will miss them for those if they shut that department down.

I suppose we will have to wait and see if ours is one to go

 MD MD OK where are the Grammar Police  :))

I've just read this post  buying close ???
Ok I bought clothes --

Ha!! you missed it -- or maybe not  :))   :P
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redadmiral

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Re: Is Marks and Spencer set to follow BHS?
« Reply #6 on: November 11, 2016, 11:06:05 AM »
Shouldn't it have been their close in reply 1 too. LOL

Old Cruser

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Re: Is Marks and Spencer set to follow BHS?
« Reply #7 on: November 11, 2016, 01:10:32 PM »
Shouldn't it have been their close in reply 1 too. LOL

Ha!
Well spotted I had missed that one.   (y)
 --- put it down to senior moments Sir/or Madam.

You are now my official grammar spotter member.   :))
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redadmiral

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Re: Is Marks and Spencer set to follow BHS?
« Reply #8 on: November 11, 2016, 05:43:35 PM »
I am honoured m'lady. Plain Mr will suffice.

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Re: Is Marks and Spencer set to follow BHS?
« Reply #9 on: November 11, 2016, 06:24:55 PM »
I am honoured m'lady. Plain Mr will suffice.

Thank you kind Sir ( says this with a curtsey )  ;)
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Re: Is Marks and Spencer set to follow BHS?
« Reply #10 on: November 14, 2016, 04:58:55 PM »
Chesterfield not of the list of closers.

But Mansfield and Sheffield stores are set to go .
Ex Newbold ex Arbourthorne, Sheffield now sunny Dronfield.

 

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