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.
-
Jul- 2018 -11 JulyLuxury Goods
Burberry’s growth slows in Q1 2018
Luxury fashion house Burberry has said it has recorded a “solid performance in retail during a period of transition”, despite seeing a slowdown in its sales growth for the first quarter of 2018. For its first quarter ending 30 June Burberry reported a 3% rise in like-for-like sales a marginal…
Read More » -
11 JulySupermarkets
Martin Scicluna named by Sainsbury’s as chairman-designate
Sainsbury’s has appointed Martin Scicluna as its new non-executive chairman with a view to assuming the chairman role in 2019. He will work closely with outgoing chairman David Tyler during a handover period, and Sainsbury’s expects Scicluna to assume his new position in March 2019. The group announced in April…
Read More » -
10 JulyEconomy
Poundland founder prepares Poundworld bid after Chris Edwards pulls out
The founder of Poundland, Steve Smith, is preparing a bid for embattled rival Poundworld after Chris Edwards, the latter’s founder, withdrew his bid for the company. A Press Association release said Smith was in early-stage talks with Deloitte, however the administrators declined to comment when contacted by Retail Sector. Smith…
Read More » -
5 JulyClothing & Shoes
Superdry sees 22% revenue rise, announces ‘special dividend’
Clothing brand Superdry has posted a 22% rise in global brand revenue in its full-year results ending 28 April 2018 and has announced a ‘special dividend’ for the second consecutive year. The fashion chain retailer saw its global brand revenue reach £1.6bn up from £1.3bn in 2017. The company’s retail…
Read More » -
3 JulyHigh Street
Deloitte hits back at Poundworld founder over rescue bid row
Deloitte has hit back at accusations made by Poundworld founder Chris Edwards over the handling of the company’s administration. A statement circulated by Edwards yesterday said “the whole administration process has been handled badly” and he added if something doesn’t happen in the next few days, “the business will go…
Read More » -
Jun- 2018 -20 JuneAnalysis
Amazon overreacting; returns are a crucial retail indicator
Amazon has kicked up a furore by banning consumers who return too many items on its site. Sure, rising return rates are a challenge for brands and retailers – over 9% of products bought in store are returned and the rate is even higher online, sometimes three times the amount.…
Read More » -
8 JuneGovernment
Retailers ‘mis-using’ CVA rent reductions, say landlords
Real estate association, the British Property Federation (BPF), believe that retailers have been “mis-using” the CVA process to lower the price of rent. Following the recent upsurge in CVAs, the organisation has called on the government to conduct an “urgent review”. The concerns follow the announcement that House of Fraser,…
Read More » -
May- 2018 -24 MaySupermarkets
Tesco to remove ‘best before’ dates to cut down on food waste
Supermarket giant Tesco is to remove ‘best before’ consumption guidance dates from around 70 fruit and vegetable lines to help reduce food waste. The move is being made to help prevent “perfectly edible” food from being thrown away. It follows research in the causes of food waste by the National…
Read More » -
16 MayAdvice
The rise of next-generation digital spaces in the retail sector
Imagine that as you enter the airport, there is a personalised message welcoming you, and then further tailored messaging accompanies you throughout your shop, bar and restaurant visits. Then it finally directs you to your departure gate, where you arrive fully informed and having enjoyed a variety of targeted promotions…
Read More » -
10 MayHigh Street
Next defies gloom with Q1 sales growth
Fashion retailer Next has recovered from its “most challenging year” reporting a Q1 sales increase of 6% compared with last year. Next said that the results were better than expected and around £40m ahead of its internal forecast, boosted in recent weeks by unusually warm weather. The company’s online sales…
Read More »
