Maybe a range for us plebs who aren't rich that gives us the excitement of Primark/Aldi.
I think they’re doing okay. They haven’t started price matching Aldi like Tesco and Sainsbury’s but their essential range is still good value. They have a bag of pasta at 70p. It’s 65p at Aldi for 500g. Milk at my local M&S store is cheaper then at Sainsbury’s.To be honest that's where they have gone wrong. They aren't Aldi or Primark and trying to compete with those stores is not what I shop at M&S for. If I want Aldi I can go to Aldi. What I want from M&S is quality at a fair price. Example: on the Aldi thread people raved about the cocktail cans and how they were so much cheaper than M&S well they definitely are a lot cheaper, they are also absolutely foul and I'd rather pay £2.25 for an M&S can with 2 shots than 85p for fizzy mouthwash. Some of what Aldi does is great, some of what M&S does is quite cheap (their latte is cheaper than Aldis) there's a market for both but no point trying to replicate.
The issue i have with my local Aldi is that it’s a victim of its own success. It’s impossible to pop in on a saturday and get out in under 20 mins. They changed to self service tills only recently but now instead of having to wait for 7 or 8 people when it was busy you have to wait for 15+ people in a line that snakes all the way around. The best time to go is if you go super early.
I am my grandmothers daughter but they’ve got better quality clothing that lasts, so i buy less often for myself. We bought my brothers graduation suit for under £79. (£25 trousers+ £45 blazer.) Similarly I didn’t buy the £18 body butter from the Bodyshop because i knew it would be it would be cheaper at M&S at £3.00 for the same weight.
Statutory profit after tax of £309.0m (2019/20 £27.4m).
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