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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May- 2025 -16 MayProperty
Landsec to invest £1bn in its retail estate amid strong FY25
Property group Landsec has announced plans to increase its investment in its retail estate by £1bn amid strong FY25 performance. The company’s retail portfolio delivered 5.1% LFL net rental income growth for the year ended 31 March 2025, with occupancy up 110bps to 96.6%, £39m of lettings signed or in…
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15 MayNews-In-Brief
Today’s news in brief-15/5/25
B&M has appointed former Tesco executive Tjeerd Jegen as its new CEO, effective 16 June 2025. Jegen brings 25 years of retail experience from companies including Ahold Delhaize and Woolworths. Chair Tiffany Hall praised his strategic insight and customer-centric approach. Despite a 3.1% drop in UK like-for-like sales to £4.5bn…
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15 MayHigh Street
B&M appoints ex-Tesco exec as new CEO
B&M has announced the appointment of Tjeerd Jegen as its new chief executive officer. The value retailer revealed that Jegen will take over from current interim CEO Mike Schmidt, on 16 June 2025. Jegen joins the company having worked in leadership roles at Ahold Delhaize, Metro, Tesco, Woolworths, HEMA and…
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13 MayFeatures
What does the new Employment Rights Bill mean for retailers?
The Employment Rights Bill, slated for major implementation in autumn 2026, is being hailed by the government as a bold step forward for workers’ rights. But for the retail sector – a cornerstone of the UK economy that employs over three million people – the swift nature of the proposed…
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8 MayNews-In-Brief
Today’s news in brief-8/5/25
Next has increased its full-year profit guidance to £1.08bn, up £14m, following an 11.4% rise in Q1 full-price sales, outperforming its 6.5% forecast. The retailer attributed the £55m sales boost to warmer spring weather but cautioned that some demand may have been pulled forward from Q2. While retail sales surged,…
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8 MayLuxury Goods
Pandora lowers profit guidance amid tariff fears
Pandora has revealed that it has lowered its EBIT margin guidance for the full year to “around 24%”, down from 24.5%. The retailer cited currency fluctuations and ongoing uncertainties around US trade tariffs as key factors behind the reduction in its margin expectations. Despite this, the company saw its sales…
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8 MayDepartment Stores
Next ups profit guidance as Q1 sales rise by 11.4%
Next has upped its full-year profit guidance as it welcomed “better than expected” sales in the first quarter, with full price sales up by 11.4% as trade was boosted by the warmer spring weather. The “overperformance” meant sales were £55m higher than its forecast for the period, with the group…
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7 MayNews-In-Brief
Today’s news in brief-7/5/25
Asda has appointed Rachel Eyre as its new chief customer officer, replacing David Hills. Eyre joins from Morrisons, where she served as chief customer and marketing officer, overseeing brand strategy, digital, and PR. With prior experience at Sainsbury’s and Barclays, she aims to reinforce Asda’s position as the UK’s lowest-priced…
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7 MayLuxury Goods
Hugo Boss holds guidance despite 2% fall in Q1 sales to €999m
Hugo Boss is maintaining its sales outlook for the year, despite having reported that sales fell by 2% to €999m (£850m) during the first quarter of 2025. Q1 sales dipped by 1% in both EMEA and the Americas. In the Asia Pacific region, sales dropped by 8% due to persistently…
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6 MayNews-In-Brief
Today’s news in brief-6/5/25
Deliveroo has agreed to a £2.9bn takeover by US rival DoorDash, creating a combined entity operating in over 40 countries with annual orders exceeding £10bn. The deal, offering a 44% premium on Deliveroo’s share price, was approved by its board. DoorDash CEO Tony Xu highlighted the potential for expanded innovation,…
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