Retail Week looks ahead to the next seven days, with updates from Joules, McColl’s, property giant Hammerson and Kantar-Nielsen all coming up.
The convenience specialist unveils its interim results on Monday, with the City expecting the group to continue its recent momentum.
McColl’s broke through the £1bn sales barrier in its last full year as pre-tax profit advanced 3.9% to £18.4m.
Despite results being boosted by its acquisition of 298 Co-op stores, the market was spooked by February’s admission that the collapse of Palmer & Harvey had dented sales in the 11 weeks to February 11. Investors will be seeking signs those availability issues have abated.
The property giant reveals its interim results on Tuesday, when the eyes of the City will be firmly on it after a turbulent start to 2018.
Hammerson was forced to row back on its bid for fellow shopping centre landlord Intu in April after an investor backlash.
That came just days after French rival Klépierre walked away from a £5bn offer for Hammerson – one that many analysts feel the board should have accepted. Investors will want assurances from management about how it will drive shareholder returns following the collapse of both deals.
Kantar and Nielsen both post their latest grocery market share data on Tuesday.
UK food retail sales climbed 2.1% the 12 weeks to June 17, Kantar said, marking two years of sustained growth – momentum that grocery players will hope continued throughout July’s heatwave and the World Cup.
The preppy fashion retailer will update the market on its full-year results on Wednesday.
The retailer will hope to continue to defy the fashion downturn that has blighted many of its rivals in recent months with another positive set of results.