Primark, John Lewis and Zara will this week shed light on the state of the High Street amid fears of a slowdown in spending.
Greggs and JD Sports have already issued warnings over a squeeze on consumers.
Primark’s owner Associated British Foods and Zara parent Inditex will update on Wednesday, and John Lewis will report on Thursday.
Dark clouds have been amassing over the High Street ahead of Rachel Reeves’ Budget on November 26.
Fashion forward: Kate Moss and Bobby Gillespie model Zara outfiits
The Chancellor, who last year piled £7billion in higher costs onto the retail sector, has been urged to reform business rates.
But John Lewis chiefs last week said its customers are ‘probably more optimistic than they have been for a very long time’.
DIY INVESTING PLATFORMS
AJ Bell
AJ Bell
Easy investing and ready-made portfolios
Hargreaves Lansdown
Hargreaves Lansdown
Free fund dealing and investment ideas
interactive investor
interactive investor
Flat-fee investing from £4.99 per month
InvestEngine
InvestEngine
Account and trading fee-free ETF investing
Trading 212
Trading 212
Free share dealing and no account fee
Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.
This article was originally published by a www.dailymail.co.uk . Read the Original article here. .