Primark owner’s profits soar as investments provide boost
WEBApr 23, 2024 · Sales at Primark, the FTSE 100’s jewel in the crown, rose 6 per cent to £4.5bn, while adjusted operating profit jumped 45 per cent to £508mn, in spite of continued “cost of living pressures”.
Primark’s Escalating U.S. Expansion, What’s Ahead - WWD
WEBMar 21, 2024 · With its deepening expansion in the U.S., Primark won’t be pigeonholed. The Dublin-based Primark typically aims for sites with roughly 35,000 square feet of selling space, 50,000 square feet...
Newsroom | Primark Cares (US)
WEBAug 5, 2024 · Primark Continues US Expansion with Opening of Jacksonville, FL Distribution Center, Announcement of 4 New Leases. Retailer answers demand for its value shopping experience with greater distribution capability and new stores in Virginia, Maryland, Texas and its first store in Tennessee. Feb 7, 2024. PRIMARK CARES.
Primark refuses to go online despite £1bn lockdown loss - BBC
WEBJan 14, 2021 · Primark says it has no plans to sell its clothes online despite warning that lockdown store closures could cost it more than £1bn in lost sales. Some 305 of Primark's 389 global stores are...
Primark says stock woes could persist until 2023 - BBC
WEBNov 9, 2021 · Discount fashion chain Primark has said it could face disruption from global supply chain issues into 2023, but it assured customers that "we are getting the goods we need".
Primark well set for Christmas as pricing strategy pays off
WEBNov 7, 2023 · British fashion retailer Primark is heading into Christmas in good shape and with trading momentum after its strategy of passing on only limited price rises kept shoppers on its side.
Primark To Invest More Than £100 Million In Its UK Stores In 2024
WEBFeb 8, 2024 · Primark is to invest more than £100 million in its UK stores in 2024, as it marks 50 years on the Great British High Street. The news includes more than £75 million of new investment in UK retail this year, building on plans it …
After existential crisis, Primark broadens ranges and targets U.S.
WEBLONDON, April 25 (Reuters) - In April 2020, budget fashion chain Primark was on its knees, unable to sell hundreds of millions of pounds of stock with its entire store network shut in COVID-19...
Primark finally goes online in new click-and-collect trial - BBC
WEBJun 20, 2022 · Primark is to finally sell its clothes online through a new click-and-collect service for children's products. The High Street retailer said 2,000 goods will be offered through a trial which will...
Primark to cut 400 store management jobs - BBC News
WEBJan 20, 2022 · The company behind retailer Primark and drinks Ovaltine and Twinings is cutting jobs and raising some prices as inflation pushes up its costs. AB Foods (ABF) said it would cut 400 jobs at...