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.
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Jun- 2025 -19 JuneFeatures
The price of stars: what the DMCC Act means for fake reviews
At one point online reviews used to be a grey area, but with the arrival of the Digital Markets, Competition and Consumers Act 2024, the UK has taken a decisive step into a new enforcement regime. Fake reviews, paid praise, and review hijacking, which have long been brushed off as…
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9 JuneOnline & Digital
Amazon to take action on catalogue abuse following CMA probe
Amazon Europe has signed undertakings committing to enhance its existing systems for tackling fake reviews and catalogue abuse, following an investigation by the Competition and Markets Authority (CMA). In 2021, the CMA launched an investigation into Amazon and Google for their failure to remove fake reviews. Subsequently, Amazon has pledged…
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6 JuneElectrical
Marks Electrical CFO departs
Marks Electrical has announced that CFO Josh Egan has left his role at the company to take up a role at Roadchef. Egan remains a director of the company and will continue to fulfil his current role, which will include supporting the business through its preliminary results in June and…
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5 JuneClothing & Shoes
Dr Martens FY profits fall to £34m as sales drop 8%
Dr Martens has reported that adjusted pre-tax profits fell to £34.1m, or £40.3m on a constant currency basis, down from £97.2m in its latest financial results. Despite this, the group said it is expecting “a return to profit growth” in FY26 as its turnaround strategy progresses. According to the group’s…
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3 JuneProperty
Northern Ireland’s Abbey Centre sold to new owner for £59m
Abbey Centre in Northern Ireland has been sold by NewRiver to The Herbert Group of Companies in an off market deal for £58.8m. The 320,000 sq ft shopping centre, located six miles north of Belfast City Centre in Newtownabbey, houses over 70 shops and has a “strong” convenience offer, together…
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May- 2025 -28 MayDIY
Kingfisher sales rise 2.2% to £3.3bn in Q1
Kingfisher, which operates DIY brands Screwfix and B&Q, has reported that total sales rose 2.2% to £3.3bn in the first quarter ended 30 April. It comes as like-for-like sales grew 1.8% during the period, with the group noting a 2.7% boost in underlying growth, thanks to customers making more large…
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28 MaySupermarkets
Aldi launches virtual work experience programme for young people
Aldi has introduced a virtual work experience programme for young people that is designed to build skills and introduce students to a wide range of retail careers. The free online course is open to students in the UK aged 13 and over, and will guide young people on roles from…
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22 MayDIY
The Works ups profit guidance as turnaround bears fruit
The Works has upgraded its FY25 profit guidance and is expecting to deliver approximately adjusted EBITDA of £9.5m compared with £6m in FY24, following good progress with its turnaround strategy. The group is also targeting profit growth in excess of current market expectations of the £10m adjusted EBITDA in FY26.…
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22 MayHigh Street
Poundland slashes guidance as H1 sales worsen
Pepco Group, the owner of Poundland, has slashed its full-year guidance for the discount chain as trading remained “challenging” in the first half of the year. Poundland is now expected to deliver underlying EBITDA of around €0m to €20m (£0 – £17m) in FY25, compared with previous guidance of €50m…
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19 MayComment
Let’s not profit over young people’s mental health
The prognosis for the national – and now the global – economy is looking dire, yet “Awful April” is just the latest blow to young adults who’ve been bearing the brunt of the cost-of-living crisis. Financially, emotionally, and mentally, young people have been squeezed on all sides and the long-term…
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