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Post by tory on Sept 11, 2020 12:24:53 GMT
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Post by Mr. FOLLARD on Sept 11, 2020 12:28:50 GMT
M&S are finished in the UK.
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Post by tory on Sept 11, 2020 12:38:24 GMT
I don't know. They're still the default shop for a lot of people for things like shirts, shoes, underwear etc. I bought a couple of suits for work from there and they're well priced and well made. Not amazing, but a decent cut and for £110 to £140, that's not bad. For school clothes they're unbeatable - only George/Asda is lower in price and they're shite.
In a generation or so's time, it might be that young people are less likely to shop there I guess.
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Post by Mr. FOLLARD on Sept 11, 2020 12:56:53 GMT
Every time I go into the men's clothes section of one of the bigger stores it's dead. Lots of floor space, racks and racks of suits and sweaters and shirts but really hardly a soul there. It makes me feel sad. And this was the case before COVID.
Their food halls obviously do much better trade but it all looks kind of dated, like they're still catering for people who think burritos are exotic. They've already closed down quite a few stores. I can't see them surviving as a major high street presence for much longer.
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god
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Posts: 5,532
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Post by ~ / % ? * on Sept 11, 2020 13:25:14 GMT
I found it interesting the two of the largest US mall property owners have agreed to buy failing dept store, JC Penny, which should be a good thing as they have a vested interest in its prosperity. Penny's in a way was the template for the much more successful Kohl's, which has a deal to collect the returns for Amazon, which gives them a chance to promote their store to the resultant foot traffic with coupons, etc., At the same time malls have also been courting Amazon to house their fulfillment centers in their empty anchor stores which has not pleased remaining competing anchor stores. So all roads lead to amazon...
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Post by sloopjohnc on Sept 11, 2020 13:47:40 GMT
I found it interesting the two of the largest US mall property owners have agreed to buy failing dept store, JC Penny, which should be a good thing as they have a vested interest in its prosperity. Penny's in a way was the template for the much more successful Kohl's, which has a deal to collect the returns for Amazon, which gives them a chance to promote their store to the resultant foot traffic with coupons, etc., At the same time malls have also been courting Amazon to house their fulfillment centers in their empty anchor stores which has not pleased remaining competing anchor stores. So all roads lead to amazon... I thought this was strange too. Why Penney's? I would have thought Sears would be better as they sell more stuff, like appliances, and many have auto repair and tire services. Sears also does kid and family photography.
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god
disambiguating goat herder
Posts: 5,532
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Post by ~ / % ? * on Sept 11, 2020 16:40:07 GMT
I found it interesting the two of the largest US mall property owners have agreed to buy failing dept store, JC Penny, which should be a good thing as they have a vested interest in its prosperity. Penny's in a way was the template for the much more successful Kohl's, which has a deal to collect the returns for Amazon, which gives them a chance to promote their store to the resultant foot traffic with coupons, etc., At the same time malls have also been courting Amazon to house their fulfillment centers in their empty anchor stores which has not pleased remaining competing anchor stores. So all roads lead to amazon... I thought this was strange too. Why Penney's? I would have thought Sears would be better as they sell more stuff, like appliances, and many have auto repair and tire services. Sears also does kid and family photography. My understanding is Sears is still owned by Edward Lampert through a series of multilayered complex private equity and real estate trusts (REITs). Look him up and the rest will probably fall in place, he's difficult and oblivious, and been kidnapped at least 3 if not four times (if/when Sears is available for sale it may be serious wreckage). He is insistent that Sears is like Amazon, a knowledge company, but is resistant to put serious money into an electronic infra-structure. He is a has bailed them out with his own money at least twice, if not three times. He made billions when Sears stock was $200 a share in the early 00s due to the real estate valuations. He lives in bunker on an island off Florida due to all the kidnappings.
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Post by Mr. FOLLARD on Nov 10, 2020 9:57:08 GMT
Shares taken a nice little bump over the last couple of days after a depressing long downward trend for six months.
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Post by Mr. FOLLARD on Nov 16, 2020 14:52:41 GMT
General trend still upward.
Good showings promote good showings, right? it kind of feeds itself.
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god
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Post by ~ / % ? * on Nov 16, 2020 15:05:05 GMT
Sort of, depends what it is based on, I guess, growth or value(dividend yielding). Growth stocks can get caught up in serious hype and fluctuate wildly due to speculation, profit taking, short selling, etc.,
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Post by Deleted on Nov 20, 2020 13:12:30 GMT
So do i have this right?
3 Companies have a vaccine, two US and one brit.
Their respective governments will buy the vaccine off these companies and give it to the people for free.
Then these 3 companies will be contacted by most countries around the world asking for bulk prices for the vaccine?
Ssssooooooo we all should be buying shares in these companies for the next year right?
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Post by tory on Nov 20, 2020 13:26:15 GMT
I've got shares in a company that does the antibody test for the Oxford Astra/Zeneca vaccine. If it works, it "should" be a massive hit. The Oxford vaccine has an advantage over the other two in that it can be stored at normal medical refridgeration levels, whereas the other two need -30 degree levels. My portfolio is humdrum at the moment - Games Workshop had some value sliced off when the vaccine news hit because I imagine holders sold up and moved theirs across to more undervalued ones. My gold mining one also took a hit because if there is a return to "normality" then there's a chance that gold will lose its value. I'm predicting a great deal of volatility over the next 5 years at least, so it's all about holding right now and not worrying too much. The real "sweet spot" for understanding it all (for me at least) is knowing when something is over or under valued and moving accordingly. That comes with experience. I was a bit blase at first, but now I do a lot more research. I'm chucking some money into an app called Big Night. www.seedrs.com/big-night/sections/investorsThey are a service looking to work with restaurants to deliver food to customers. It's sort of riding on the back of Deliveroo but looking at a more lucrative market for people who don't want kebabs etc, but want restaurant quality food at home.
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Post by tory on Dec 1, 2020 9:53:44 GMT
A good day yesterday on the whole. Market sentiment seems to be relatively bullish.
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Post by Mr. FOLLARD on Dec 1, 2020 10:33:29 GMT
And remember that lockdown is lifted tomorrow which will give UK stocks a boost
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Post by tory on Dec 1, 2020 10:34:31 GMT
To a certain extent, yes, but I wouldn't bet on it. The market is going to be volatile for some time.
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