Primark
This coverage explores Primark’s strategy and performance in the UK retail sector, focusing on store operations, product assortment, pricing, marketing campaigns, sustainability initiatives, and leadership decisions. Reporting highlights how Primark balances value positioning with volume growth and operational efficiency — offering insight for executives, managers, and professionals in fast‑fashion and large‑format retail.
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Jan- 2022 -20 JanuaryClothing & Shoes
Primark sales spike 36% to £2.67bn
Primark owner, Associated British Food (ABF), has announced the fashion retailer’s revenues increased by 36% to £2.67bn in the 16 weeks ending 8 January 2022, compared to £2.03bn in the 16 weeks ending 2 January 2021. Total Primark sales this period were 5% lower than pre-Covid levels, and like-for-like sales…
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Dec- 2021 -22 DecemberNews
Landsec secures additional 25% stake in Bluewater
Landsec has announced that it has completed the acquisition of an additional 25% share in Bluewater from Lendlease Retail Partnership for £172m. The deal represents a net initial yield of 8.15% and an equivalent yield of 8.25%. In a separate deal, Landsec will sell 25% of this share to co-owner…
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10 DecemberClothing & Shoes
Primark trading ‘ahead of expectations’ despite supply issues
Associated British Foods (ABF), the owners of Primark, has revealed that trading for the year to date is set to be “ahead of expectations”, despite recent disruptions across its supply chain. The retailer has reported improved like-for-like sales compared with the fourth quarter of the last financial year, but still…
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Nov- 2021 -18 NovemberHigh Street
Eurofund Group launches UK retail arm
Eurofund Group, the international investment and real estate development company has officially launched a UK retail arm. The new UK division will be headed up by Alberto Esguevillas, former development director and country manager at Unibail-Rodamco-Westfield, who has taken the role of CEO UK. He is joined by Mike Rhydderch,…
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9 NovemberClothing & Shoes
Primark plans global expansion despite sales slump
Primark has seen like-for-like sales fall by 12% in its latest full-year results, as ongoing store closures and trading restrictions “inevitably” led to a “significant” loss of sales and profit in the period. While its parent group, Associated British Foods (ABF), said there was “no doubt” that Primark was “seen…
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Oct- 2021 -7 OctoberHigh Street
‘Strong return’ to pre-pandemic shopping patterns, report finds
There has been a “strong return” to pre-pandemic shopping patterns, according to new data released by Airtime. The group assessed shopping patterns and retailer responses across 100 household brands, both on and offline, amongst its 1.5 million members during September 2021. Three in five consumers were reported to be shopping…
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Sep- 2021 -21 SeptemberOnline & Digital
M&S invests £20m in technology fund amid digital push
Marks and Spencer has committed over £20M to a technology fund managed by True, as the retailer aims to continue it’s push towards a digital-first business. Marks and Spencer has worked with True since 2018, however this represents the first significant financial commitment, with its latest fund aiming to raise…
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13 SeptemberClothing & Shoes
Primark Q4 operating profits to beat expectations despite sales fall
Associated British Foods (AB Foods) has announced that Primark will beat its Q4 FY21 adjusted operating profit expectations, as the group’s H2 retail sales are set to hit £3.4bn. In a trading update, the group claimed that while Primark’s sales for the year ended 18 September were “lower than expected”,…
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Aug- 2021 -12 AugustAdvice
Building customer experiences that evolve with the user
The Covid-19 pandemic acted as a catalyst in the growth of online sales for the retail sector – which for some companies was a move they simply, and understandably, were not prepared for. This unprecedented shift to online meant that a basic e-commerce function on a website in many cases…
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Jul- 2021 -1 JulyHigh Street
Primark owner sees Q3 revenues rise 47% to £3.65bn
Associated British Foods, the owner of Primark, saw group revenues jump 47% year-on-year to £3.65bn for Q3 FY21. Released as a part of the company’s trading update for the 40 weeks to 19 June 2021, the group revealed that its retail revenues spiked 207% year-on-year to £1.6bn for the quarter.…
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