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More - Richard Ratner Quotes

Unless it has fifty per cent off or more, it is not selling. - Richard Ratner Quotes

Unless it has fifty per cent off or more, it is not selling.

With the chairman off, a downgrade and the Japanese no longer likely to bid, the shares are unlikely to make further progress in the short term. - Richard Ratner Quotes

With the chairman off, a downgrade and the Japanese no longer likely to bid, the shares are unlikely to make further progress in the short term.

[Marks & Spencer was among only a few retailers to make gains, closing up 2p at 382p after the chief executive Stuart Rose unveiled the group's Cardinal Place store, its first new opening in central London for over a decade.] There is little doubt that M&S will achieve top of the range estimates, even if the all-important third-quarter like-for-like sales are down 4% on non-food, ... what we worry about is the ability to grow profits. - Richard Ratner Quotes

[Marks & Spencer was among only a few retailers to make gains, closing up 2p at 382p after the chief executive Stuart Rose unveiled the group's Cardinal Place store, its first new opening in central London for over a decade.] There is little doubt that M&S will achieve top of the range estimates, even if the all-important third-quarter like-for-like sales are down 4% on non-food, ... what we worry about is the ability to grow profits.

Justin King is doing a fine job, but he is still a long way from producing the additional ÃÂ£2.5 billion of sales he needs to push operating margins ahead. - Richard Ratner Quotes

Justin King is doing a fine job, but he is still a long way from producing the additional ÃÂ£2.5 billion of sales he needs to push operating margins ahead.

Given the importance of Per Una to M&S, it could have been disastrous had this happened at the current time. Even so, we wonder how long the agreement will last. - Richard Ratner Quotes

Given the importance of Per Una to M&S, it could have been disastrous had this happened at the current time. Even so, we wonder how long the agreement will last.

We still worry about next year, with fierce competition at the value end of the market, and...still look for a ceiling of around 800 million pounds on (fiscal year profits). - Richard Ratner Quotes

We still worry about next year, with fierce competition at the value end of the market, and...still look for a ceiling of around 800 million pounds on (fiscal year profits).

The general impression was very good, with merchandise well displayed, and clear differentiation between the departments -- not running into each -- and clever use of graphics. - Richard Ratner Quotes

The general impression was very good, with merchandise well displayed, and clear differentiation between the departments -- not running into each -- and clever use of graphics.

He has done extremely well, let's not take that away from him. - Richard Ratner Quotes

He has done extremely well, let's not take that away from him.

This looks like a knock-out bid as the management, in our view, would be unable to raise the additional finance. - Richard Ratner Quotes

This looks like a knock-out bid as the management, in our view, would be unable to raise the additional finance.

Whilst the last time it was a '24-hour wonder', we think that there may be a reasonable chance that a deal could go through this time around, but it will take time for an offer to be formulated. - Richard Ratner Quotes

Whilst the last time it was a '24-hour wonder', we think that there may be a reasonable chance that a deal could go through this time around, but it will take time for an offer to be formulated.

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