Author Topic: M&S facing tough times?  (Read 1068 times)

paulham

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M&S facing tough times?
« on: June 20, 2008, 08:43:55 pm »
[Marks & Spencer (M&S) has handed out nearly a million discount vouchers to staff ahead of a trading update due next month, according to the Daily Telegraph.

The newspaper sees the scheme as an attempt to boost sales ahead of the trading figures, and says it is likely to spark renewed fears about current trading at M&S.

More than 70,000 staff have each been sent 12 vouchers, offering 20% off clothing, food and homewares, in a repeat of a promotion that ran for the first time last February.]
http://www.talkingretail.com/news/9981/Marks--Spencer-repeats-staff-d.ehtml


Anyone got a relative who works there?

Offline oldspice

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Re: M&S facing tough times?
« Reply #1 on: June 21, 2008, 09:07:36 am »
This is similar to a ploy that I hear about whereby a college that was struggling to meet enrolment targets set by its funding controllers enrolled all their staff on a Health & Safety Course at a ridiculous academic level so they wouldn't fail. Not only did they then meet their enrolment targets but they increased their achievement rate by a few percent.
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Offline smurfboy

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Re: M&S facing tough times?
« Reply #2 on: June 21, 2008, 10:48:52 am »
My aunt worked for M&S for years; she's retired now, but still gets concessions such as this, so hopefully she might get lucky this time.
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Offline naxos

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Re: M&S facing tough times?
« Reply #3 on: June 21, 2008, 12:28:28 pm »
Does M&S really need shops that big to sell bras and sandwiches?

Just a thought.

Offline loulou

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Re: M&S facing tough times?
« Reply #4 on: June 21, 2008, 12:48:05 pm »
Every M&S I go into sells a lot more than bras and sandwiches and fills their two floors easily.
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paulham

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Re: M&S facing tough times?
« Reply #5 on: June 21, 2008, 08:12:07 pm »
Yes, they do salad lunches too.

Offline loulou

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Re: M&S facing tough times?
« Reply #6 on: June 21, 2008, 08:26:32 pm »
and handbags and shoes.
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