Retail Week looks ahead to the next seven days with an update from Pepkor Europe and GFK’s latest consumer confidence survey on the agenda.

Pepkor Europe

Pepkor Europe posts its second quarter results on Wednesday.

The retailer, which owns Pepco and Poundland, posted sales growth during its first quarter.

Pepco sales rocketed 36.7% to €477m, with store numbers up 20.6% to 1,569 in its first quarter, the three months to December 29, 2018.

Poundland sales nudged up 0.6% to €516m, with stores up 0.2% to 882. Overall, group revenues rose 14.6%.

Kantar/Nielsen

The Kantar/Nielsen grocery share figures are released on Wednesday.

The battle of the big four grocers for the top spot continues as more shoppers look to Aldi and Morrisons for their weekly shop.

GFK consumer confidence survey

The GFK consumer confidence survey is released on Friday.

The survey, which measures general economic and personal financial situations and consumers’ spending and saving, has remained negative every month this year due to ongoing political uncertainty.

Last month overall confidence remained stable but negative at -13 and general economic uncertainty was negative at -30.

The index recorded the largest drop in the consumer savings score, falling from 20 points in March to 12 in April.

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