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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Mar- 2019 -19 MarchOnline & Digital
Asos sales jump 13%
Online retailer Asos has reported a 13% increase in total sales on a reported basis, for the three months ending 28 February 2019. Total orders placed during the period increased by 15% to 17.3m year-on-year, and retail gross margin increased by 40 bps. Additionally, the retailer said it continued to…
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1 MarchGovernment
Business rates appeals drop under ‘complicated’ system
Businesses are struggling with the new ‘check challenge appeal’ (CCA) business rates appeals system, according to rating experts at Colliers International, commercial real estate agency and consultancy. New figures released by the government show that in the 21 months between 1 April 2017, when the new system for appealing against…
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Jan- 2019 -25 JanuaryHigh Street
Bonmarché sales slide 11.1% over Christmas
Fashion retailer Bonmarché has reported a 11.1% drop in like-for-like sales over the Christmas trading period, ending 29 December 2018. Total sales declined by 8.1% during the period, however the group recorded a 22.2% increase in online sales, although at a lower rate than in the first half of the…
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15 JanuaryClothing & Shoes
Boohoo raises revenue forecasts amid sales surge
Online fashion retailer Boohoo has raised its revenue guidance for the year after group sales surged 44% to £328.2m in the four months to 31 December. The group, which also operates brands such as PrettyLittleThing and Nasty Gal, experienced a 33% increase in UK sales to £180m up from £135.7m…
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10 JanuaryClothing & Shoes
M&S sales drop amid ‘difficult’ market
Marks and Spencer has reported a 2.7% drop in its total sales for the 13 weeks to 29 December 2018. Its clothing and home sales saw a 4.8% decline and its food performed slightly better, but still saw a drop with a 1.2% decrease. The retailer said reducing customer confidence…
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3 JanuaryClothing & Shoes
Next Christmas sales boosted by online surge
Next has revealed better than expected results over the Christmas period despite a 9.2% decline in sales across its bricks-and-mortar stores. However the decline was better than the 13% drop that was forecast by analysts and overall Next reported a 1% rise in full product sales between 28 October to…
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Dec- 2018 -21 DecemberHealth & Beauty
Boots owner’s earnings dented by ‘challenging market’ in the UK
Boots owner, Walgreens Boots Alliance, has said it has seen a decline in profit and sales due to a “challenging market” in the UK. The group said its UK pharmacy sales had fallen by 3.5% in the three months to the end of November, it also saw retail sales drop…
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14 DecemberGovernment
CAP bans ‘harmful’ adverts featuring gender stereotypes
The Committees of Advertising Practice (CAP) has announced it is to ban “harmful” adverts featuring gender stereotypes. CAP’s ban comes after regulator, the Advertising Standards Authority (ASA), commissioned a review of gender stereotyping in advertising. Following the review, CAP said it would ban adverts featuring “gender stereotypes that are likely…
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13 DecemberClothing & Shoes
Bonmarché shares halve amid second profit warning
Shares in fashion retailer Bonmarché halved this morning (13 December) from 81 pence to 47 pence after announcing it expects losses of £4m for the current financial year. The group blamed the “uncertainty surrounding Brexit” as a significant factor affecting demand, and expects like-for-like sales for Q3 to drop by…
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13 DecemberOnline & Digital
Ocado’s 12% sales increase marks ‘good finish to the year’
Online supermarket Ocado has seen a 12% increase in revenue to £390.7m for the 13 weeks to 2 December in its Q4 financial results. This was compared to a revenue of £348.9m in the same period last year and the group said its growth was in line with its guidance…
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