Primark

Primark Invests Over €50m In Five New Stores In Italy

Primark (which trades as Penneys in Ireland) has announced that it has invested over €50 million in its Italian business.

UK Black Friday Shopper Numbers, Transactions Down From Last Year

British shopper numbers and transactions edged lower on Black Friday versus last year, according to data published on Monday that will disappoint retailers...

UK Retail Sales Slide Again In October In New Blow For Economy

British retail sales volumes fell unexpectedly in October as stretched consumers stayed at home, official data showed on Friday, in a new warning sign for...

Penneys Owner AB Foods Expects Growth In New Year After Profit Rises 5%

Associated British Foods forecast 'meaningful progress' in its new financial year, driven by a strong recovery in the margin of its Primark fashion busines...

Penneys Owner Associated British Foods Raises Profit Outlook Again

Associated British Foods raised its full-year profit outlook on Tuesday for the second time in four months, driven by strong trading from both its Pri...

Primark Appoints Fintan Costello As Head Of Penneys Ireland

Primark has appointed Fintan Costello as the new head of Penneys Republic of Ireland and Northern Ireland from 4 September, taking over from Damien O&rsquo...

AB Foods Raises Profit Outlook As Retailer Primark Shows Resilience

Associated British Foods (AB Foods) on Monday raised its profit outlook for the 2022/23 year as its low-cost Primark (which trades as Penneys in Irela...