Primark to reopen all its English stores on 15 June

Primark to reopen all its English stores on 15 June with hand sanitiser stations, perspex screens at tills and additional cleaning Primark is getting its 153 stores in England ready to reopen on 15 June It will introduce additional cleaning of ‘high frequency touch points’  Trading in Europe has been ‘encouraging’ but expects sales to … Read more

Primark owner furloughs 68,000 workers as fashion chain’s sales plunge from £650m a month to zero

The UK’s high street woes continue amid the coronavirus lockdown as 68,000 Primark staff are furloughed across Europe and Cath Kidston’s 60 stores face permanent closure. The owner of budget fashion firm Primark also revealed a £248 million hit for unsold stock as all its stores remain shut. Associated British Foods boss George Weston said … Read more

Primark sales go from £650m a month to zero as stores remain closed

Primark confirms furloughing of 68,000 staff as sales go from £650m a month to zero after retailer forced to close all stores by virus lockdown 68,000 Primark workers across Europe have been furloughed Primark expects to take a £284million hit from unsold stock  ABF is seeking to speak with landlords to get help with their lease … Read more

Primark closes 189 stores across the UK due to the coronavirus pandemic

Primark will close all 189 outlets in the UK from tonight after TImpson Group, Pret A Manger, and John Lewis shut their doors as coronavirus panic sets in. Company owner Associated British Foods has already shut its 187 other venues across Europe and North America this week. It has also cancelled all new clothing orders … Read more

Primark owner suspends shares after releasing coronavirus report

Primark owner Associated British Foods suspends shares after releasing bruising coronavirus report By Daily Mail City & Finance Reporter Published: 22:20 GMT, 16 March 2020 | Updated: 22:20 GMT, 16 March 2020 Shares in Primark owner Associated British Foods were suspended yesterday after it released a bruising report into the effects of coronavirus on its … Read more

FTSE LIVE: Regional sales decline hits Whitbread; Higher revenues boost Primark owner

FTSE CLOSE: Premier Inn owner Whitbread’s bookings decline; Higher sales boost Primark parent ABF; Kids bikes lift Halfords By This Is Money Published: 08:21 GMT, 16 January 2020 | Updated: 17:17 GMT, 16 January 2020 Regional sales fell 2 per cent at Premier Inn’s parent company Whitbread The FTSE 100 closed down 32.99 points at … Read more