Retail Week looks ahead to the next seven days, with updates from Dixons Carphone, Carpetright, Debenhams and Findel on the agenda.
Findel
The home shopping retailer reveals its full years on Tuesday, June 27.
Findel is experiencing turbulent times after its pre-close update brought a profit warning despite a prediction that like-for-likes would grow 10%.
At the helm to steer the company through the current choppy waters is new chief executive, Phil Maudsley, previously managing director of Express Gifts, the group’s online value business.
Carpetright
The retailer reports its preliminary results on Tuesday.
Carpetright had the misfortune of announcing its 2015/16 results soon after the EU referendum result and it will be interesting to see how the business has fared over the past year as Brexit headwinds have buffeted big-ticket retailers.
Kantar/Nielsen data
The grocery market share data will be revealed on Tuesday.
Last month saw Tesco’s recovery continue to gain momentum as it outperformed its big-four rivals for the second consecutive month.
Discount duo Aldi and Lidl continued to grow rapidly as their combined market share hit 13.5%, while Iceland was again the fastest-growing grocer outside of the discounters, registering a 9.8% jump in sales.
Debenhams
The department store will reveal its third quarter results on Tuesday.
Debenhams is in the midst of a turnaround in one of the most difficult markets in retail and the market will be keen to see how the strategy unveiled by new chairman Sir Ian Cheshire and new chief executive Sergio Bucher is progressing and whether there is any tangible effect on revenue and profit yet.
Dixons Carphone
The electricals retailer is primed to announce a strong set of results on Wednesday, June 28.
Dixons Carphone plans to “redefine retail” with a subscription model and its concession tie-up with Tesco provides two ways that its chief executive, Seb James, is pioneering multichannel innovation.
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