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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Nov- 2020 -2 NovemberClothing & Shoes
Primark warns of £375m lockdown hit
The parent company of Primark has warned that the retailer will face a £375m hit to sales, in an update issued ahead of the nationwide lockdown that begins this week. As of today (2 November), all Primark stores in the Republic of Ireland, France, Belgium, Wales, Catalonia in Spain and…
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Oct- 2020 -9 OctoberClothing & Shoes
Boohoo appoints responsible sourcing director
Boohoo has reportedly appointed a new responsible sourcing director as it aims to improve its practices following the independent review of its supply chain. According to Drapers, the retailer has appointed former Primark director Andrew Reaney to oversee its operations at its warehouses and throughout the rest of its supply…
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Sep- 2020 -7 SeptemberClothing & Shoes
Primark trading ‘stronger than expected’ post-lockdown
Associated British Foods (ABF) has announced that Primark’s trading in the fourth quarter has “exceeded expectations” ahead of its full-year results, which are set to be announced on 3 November. Primark stores reopened over the course of May, June and July, and have since “traded strongly”, according to its parent…
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Jul- 2020 -31 JulyAdvice
Reopening retail: Four ways to embrace creativity, safely
Reopening retail; four ways to embrace creativity, safely Meredith O’Shaughnessy, Creative Brand and Retail Strategist at Meredith Collective Coronavirus has been the final reckoning for great swathes of retail, and it’s been brutal. Some high street stalwarts (Warehouse, Oasis, Accessorise) won’t open their doors again. Others are tentatively reopening but…
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10 JulyComment
Why a multi-skilled retail team is essential for optimal efficiency
Retail is a people business. And while the rise of online shopping has increased the role of technology, it has arguably made the colleague interactions that do happen even more important. The mantra for retailers of “right people, right place, right time” has never mattered more. A historical retail resourcing…
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2 JulyClothing & Shoes
Primark welcomes ‘encouraging’ trade after sales slump
Primark sales plunged by 75% to £582m in its third quarter of trading, while its year-to-date sales fell by 27% to £4.3bn. Its parent company, Associated British Foods (ABF), now estimates that its adjusted operating profit will fall between £300m and 350m for the full year, compared to the £913m…
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Jun- 2020 -19 JuneAdvice
How e-commerce can maintain business continuity in the face of Covid-19
Covid-19 and the government stay-at-home and shutdown orders have wreaked havoc on the retail industry. Footfall was down 44.7% in March. High street stores without ecommerce operations saw sales collapse. Primark, for instance, saw its monthly sales of £650m a month evaporate. And whilst ecommerce retailers have the advantage of…
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1 JuneClothing & Shoes
Primark outlines 15 June reopening
Primark has detailed its plans to reopen its UK estate, following the recent government announcement that non-essential retail may resume on 15 June. It comes as the clothing retailer started reopening its stores across Europe, after European governments began to ease restrictions for retailers following a global lockdown. Whilst the…
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Apr- 2020 -27 AprilBusiness Bites
Lockdown to persist says Johnson, clergy weigh in on behaviour of corona-corporations
The PM is back at his desk and says the lockdown must continue for the foreseeable future, and it would be premature to consider lifting now. After having been struck down with COVID-19 himself – and ending up in intensive care – the premier has finally convalesced and spoke from…
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21 AprilCoronavirus
Covid-19: Primark to suffer £284m stock hit
Associated British Foods (ABF) has revealed that Primark will take a £284m hit in stock following store closures amid the ongoing pandemic. ABF said the prediction was made following a “careful review” of its inventory, and added that the retailer had fully paid for and taken delivery of “very large…
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