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SharePrice.com - UK Share Information - Wednesday, 23rd May 2018

Risers & Fallers

Share Price Risers
Share Price Risers Share Price Risers

CompanyPriceChange
Woodford74.500.00 %
William Hill329.700.00 %
Tate & Lyle603.400.00 %
Provident Fin.679.200.00 %
Menzies(j)643.000.00 %
Learning Tech.105.500.00 %
Halma1,343.000.00 %
Ashmore400.400.00 %
Share Price Risers
Share Price Fallers
Share Price Fallers Share Price Fallers

CompanyPriceChange
Woodford74.500.00 %
William Hill329.700.00 %
Tate & Lyle603.400.00 %
Provident Fin.679.200.00 %
Menzies(j)643.000.00 %
Learning Tech.105.500.00 %
Halma1,343.000.00 %
Ashmore400.400.00 %
Share Price Fallers


Marks and Spencer to Close More Stores


Tuesday, 22nd May 2018

This year, the new chairman’s annual report gave what he called the ‘unvarnished truth’ - flagging up that the company has been drifting for 20 years and that it has a lot of catching up to do, and some difficult decisions to make along the way.

Marks and Spencer began a store closure program in November 2016, and it is preparing to accelerate that programme. So far, 18 stores have been shut, and the company plans to close 80 more, putting hundreds of jobs at risk.

Over the last two decades, retail spending has moved online. Marks and Spencer has struggled to adapt to this, even as its rivals have not. John Lewis sees 39% of its sales in the clothing and home category come from online purchases while M&S sees just 17% for the same category.

While the company has put a lot of money into ‘digital’, the website is slow and the company’s Casstle Donnington delivery center, which is state of the art, has often struggled to handle orders during peak times. The company is struggling to keep up with rivals, and has a long road before any turnaround program could be called a success.


Read previous editors articles here


Stock Market Update

Tuesday, 22nd May 2018

The FTSE 100 broke the 7,900 barrier around 4pm before retreating thanks to gains among mining and banking stocks.  Miner Fresnillo (FRES) jumped 3.6% to £13.15, followed by Evraz (EVR) and ...
Tuesday, 22nd May 2018

The FTSE 100 struggled for direction as weakness in miners and oil major BP (BP.) weighed on performance.  Rio Tinto (RIO) dipped 0.3% to £43.80 and BP was down 0.9% at ...
Tuesday, 22nd May 2018

UK stocks opened stronger on Tuesday as fears of a global trade war continued to fade.  At 0858, the benchmark FTSE 100 was up 15.02 points, or 0.2%, at 7.874.19.  Meat supplier ...

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