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Strong December retail sales fail to offset weak Q4

Strong December retail sales fail to offset weak Q4

Next acquires Russell and Bromley

Next acquires Russell and Bromley

Primark sales fall 2.7% despite steady parent group revenues

Primark sales fall 2.7% despite steady parent group revenues

Guidance

This coverage focuses on trading guidance, financial outlooks, and performance updates issued by UK retail businesses. Retail Sector reports on company forecasts, profit warnings, earnings revisions, and strategic updates that shape investor sentiment and corporate planning across the retail industry. Coverage includes analysis of market reactions, executive commentary, and sector-wide trends influencing guidance from leading retailers. For retail professionals, this category provides critical insights into financial health, market expectations, and business confidence driving decision-making within the UK retail economy.

Guidance

This coverage focuses on trading guidance, financial outlooks, and performance updates issued by UK retail businesses. Retail Sector reports on company forecasts, profit warnings, earnings revisions, and strategic updates that shape investor sentiment and corporate planning across the retail industry. Coverage includes analysis of market reactions, executive commentary, and sector-wide trends influencing guidance from leading retailers. For retail professionals, this category provides critical insights into financial health, market expectations, and business confidence driving decision-making within the UK retail economy.

Greggs sales rise 10.6% in Q3

Greggs has reported “good” like-for-like sales growth over the Q3 ended 28 September, as…

Poundland owner sales fall amid supply chain disruptions

Poundland owner Pepco Group has reported that like-for-like revenues fell 3.1% during the…

Next warns of store closures if equal pay appeal fails

Next has warned that store closures may be necessary if its appeal against a recent equal…

Next acquires 16% stake in homeware brand Rockett St George

Next has acquired a 16% stake in homeware brand Rockett St George, further furthering the…

Next ups guidance again as it closes in on £1bn profit

Next has announced that it has upped its full-year profit guidance by £15m, up to £995m, as…

Ocado ups FY guidance as Q3 sales rise 15%

Ocado has hiked its full-year guidance after a period of strong growth and trading in Q3,…

Today’s news in brief-18/9/24

UK inflation held steady at 2.2% in August, unchanged from July and slightly above the Bank…

Moonpig to meet full-year guidance despite market challenges

Moonpig has revealed that it expects to hit its guidance for FY25 despite the ongoing…
Kingfisher HY profits improve despite weak sales

Kingfisher HY profits improve despite weak sales

B&Q owner Kingfisher has revealed that its statutory pre-tax profits rose 2.3% to £324m…

Today’s news in brief-10/9/24

Burberry has faced a significant downturn, with its market value plummeting to £2bn, its…
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