Britain’s high streets are preparing for a manic Monday as some of Britain’s biggest chains have revealed their plans to throw open their doors once again and kick-start town and city centres across the country in the wake of the coronavirus lockdown. Major high street retailers such as Primark, John Lewis, and JD Sports are … Read more
Primark gives shoppers a glimpse of what their reopened ‘Covid secure’ shops will look like next week – but fitting rooms and toilets are staying shut for now Boss confirms there will be no discounts or sales at reopened stores Wide array of social distancing measures being implemented by retailer They include plastic screens, floor markings and … Read more
MARKET REPORT: Primark owner Associated British Foods soars as restrictions are lifted on ‘non-essential’ stores By Matt Oliver For The Daily Mail Published: 21:50 BST, 1 June 2020 | Updated: 22:12 BST, 1 June 2020 Primark’s owner was cheered by investors yesterday as it became the latest major chain to announce reopening plans. In line … Read more
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
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
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 Associated British Foods suspends shares after releasing bruising coronavirus report By Daily Mail City & Finance Reporter Published: 22:20 GMT, 16 March 2020 | Updated: 00:06 GMT, 17 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
Primark has temporarily shut a fifth of its European stores amid the coronavirus panic as shares in its owner Associated British Foods were suspended today. The store closures in France, Spain and Austria account for nearly a third of its sales, although the budget clothing retailer is keeping its shops open in Britain for now. … Read more