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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Feb- 2021 -19 FebruaryProperty
NewRiver JV with Bravo Strategies acquires The Moor
NewRiver has announced its joint venture with Bravo Strategies has exchanged contracts to acquire retail estate The Moor from CEP ASI UKPF Nominee 1 Limited and CEP ASI UKPF Nominee 2 Limited, for a total consideration of £41m. The Moor estate, which is located in Sheffield city centre, is close…
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Jan- 2021 -22 JanuaryAdvice
Don’t relapse into a brick-and-mortar mentality
Despite vaccines being rolled out and there being some semblance of light at the end of the tunnel, the situation for brick-and-mortar stores this year remains bleak. In-store retail continues to struggle and according to a recent report from The Centre for Retail Research, up to 200,000 in-store jobs could…
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21 JanuaryClothing & Shoes
Primark appoints new corporate affairs director
Primark has announced the appointment of Alice Macandrew to the newly-created position of corporate affairs director with immediate effect. Macandrew joins Primark with the remit to develop a global corporate affairs team and strategy that will build and protect long-term value in Primark. Working closely with the group’s leadership team…
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14 JanuaryClothing & Shoes
Primark predicts £1.1bn sales loss amid store closures
AB Foods, the owner of clothing retailer Primark, has issued a warning of a hit from lost retail sales of more than £1.1bn, if Covid-19 lockdowns continue through to the end of February. Currently, 305 of its 389 shops around the world are closed which is expected to cost £1.1bn…
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11 JanuaryFeatures
What’s next for Primark?
Primark’s opening statement for 2021 had a slightly more sombre tone than you would expect from one of the UK’s reigning fast fashion champions. In a brief statement issued by its parent company Associated British Foods, the store revealed how it now expects to lose and additional £220m in sales…
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4 JanuaryCoronavirus
Primark warns of additional £220m sales loss due to Tier 4 closures
Primark has warned that it now expects to incur an additional loss of £220m in sales due to more areas of the country entering stricter Tier 4 restrictions. In a short Covid-19 trading update, Primark’s parent company Associated British Foods revealed that as of 1 January, 253 Primark stores will…
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Dec- 2020 -4 DecemberClothing & Shoes
Primark posts £430m sales hit amid second lockdown
Primark was hit with a £430m sales loss following international lockdowns this autumn, according to Associated British Foods (ABF). Primark stores in the group’s major markets, including England, the Republic of Ireland, France and Belgium reopened in the last week, however, with ABF noting that sales have been “very strong”…
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Nov- 2020 -30 NovemberCoronavirus
Shops permitted to open for 24 hours a day
Shops in England will be allowed to trade for 24 hours a day in the coming weeks, housing secretary Robert Jenrick has confirmed. The relaxation of trading hours has been made in a bid to support struggling businesses in the run-up to Christmas. Writing in The Telegraph, Jenrick said: “None…
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18 NovemberComment
Planning for the new digital saltation
Digital evolution, over the last 10 years, has been a steady move from offline to online. Since the mid-noughties until very recently, we’ve seen gradual increases in online sales compared to overall retail sales. Then COVID-19 happened, and the world changed. But our desire to purchase didn’t. We still needed…
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3 NovemberClothing & Shoes
ABF profit slumps as Primark hit by £2bn loss
Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to £810m in the full-year ended 12 September 2020. In the same period, group revenue fell by 12% to £13.9bn following the impact of the ongoing pandemic. The full year decline in group revenue…
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