Retail Week looks ahead to the next seven days, with financial updates from Next, Kingfisher and ScS all on the agenda.

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The sofas and floorings specialist posts its interim results on Tuesday.

Analysts will be seeking signs that ScS has built momentum following a 41.6% surge in EBITDA to £16m during its full year ending July 30, 2016.

Last November, the business said it had enjoyed “a good start” to its current financial year after like-for-like order numbers jumped 5% in the 16 weeks to November 19.

In a January update ahead of next week’s interim results, ScS said like-for-like order intake rose 2.7% over the 26 weeks to January 28 – a performance it described as “pleasing against particularly strong comparatives.”


The B&Q and Screwfix owner unveils its full-year results on Wednesday.

At the half-year stage, the group achieved an 8.9% uplift in adjusted pre-tax profit to £418m.

In the UK and Ireland, Kingfisher’s sales rose 3.1% on a total basis and 6.7% in like-for-like terms to £2.6bn.

B&Q opened a small-format 3,000 sq ft store on Holloway Road earlier this month aimed solely at what it calls the “home improver” and to serve a more local market with tools and hardware, while taking the fight to its new DIY rival Bunnings.


The high street bellwether reveals its preliminary results on Thursday on the back of a turbulent period of trading.

Next’s pre-tax profit slipped 1.5% to £342.1m at the half-year stage as its Directory business outperformed stores.

Retail sales were flat at £1.08bn in the six months to July 31, but profits dropped 16.8% to £133.9m.

Next boss Lord Wolfson has warned that the retailer could hike prices 5% in the wake of the Brexit vote, after the fall in the value of the pound caused a spike in sourcing costs.

After Next’s full-price sales fell in the build up to Christmas, the retailer warned that 2017 “looks set to be another challenging year” and admitted it was preparing for “tougher times.”