Penneys

Penneys Owner Omits Dividend To Save Cash In Coronavirus Crisis

Penneys owner Associated British Foods said it would not pay an interim dividend to save cash and could not provide full year 2019-20 earnings gu...

Penneys Owner Commits To Paying For €424m Of Orders During Coronavirus Crisis

Penneys which trades outside Ireland as Primark has committed to pay suppliers for €424 million (£370 million) of orders, though all its stores...

Penneys Overtakes Guinness To Claim Title Of 'Ireland’s Most Valuable Brand'

Penneys has knocked long-standing leader Guinness off top spot to claim title of Ireland’s most valuable brand, after recording a 9% rise in brand va...

Penneys Pays 5,000 Staff 80% Of Salary While Stores Remain Shut

Penneys has said that it will pay its 5,000 retail employees in Ireland 80% of their salaries for the next month, at which stage it will review again....

Penneys Puts Dundrum Town Centre Expansion Plans On Hold

Penneys has but its expansion plans in the Dundrum Town Centre on hold until further notice, due to the virus pandemic. “In light of the curre...

Penneys Owner Issues Trading Update Due To Covid-19 Closures

Associated British Foods plc has issued an update on trading in its Primark & Penneys stores, further to the update issued on 16 March 2020, as a '...

Penneys Founder Arthur Ryan Passes Away

Arthur Ryan, the founder, Chairman and former CEO, of Penneys has passed away today after a short illness. Ryan was 83 years old. Ryan, who has been...

AB Foods Says Primark Sales Dented By Poor May Weather

Sales at fashion retailer Primark were dented by poor weather in May, its owner Associated British Foods said on Thursday. The group, which also owns a...