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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Oct- 2024 -9 OctoberClothing & Shoes
Primark to open US flagship in Manhattan
Primark is set to open its first Manhattan store in New York City as it continues its US expansion. The store will be located in Herald Square in the revitalised Penn District at 150 W 34th street and will serve as a flagship location for Primark. Located directly across the…
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Sep- 2024 -23 SeptemberShopping Centres
SGS Group refinances four UK shopping centres
SGS Group has officially refinanced four major shopping centres – Lakeside in Essex, Atria in Watford, Victoria Centre in Nottingham and Braehead in Glasgow – following a £445m loan from OakNorth. The four shopping centres, which are spread across 4.6m sq ft, have a catchment population totalling 9.4m and boast…
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5 September
Today’s news in brief-5/9/24
Asos has sold a majority stake in Topshop and Topman to Heartland, a move valued at £135m. Heartland, owned by Bestseller, will acquire a 75% stake while Asos retains 25%. The deal includes rights for Asos to continue marketing the brands online under a new joint venture, aiming to streamline…
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5 SeptemberClothing & Shoes
Primark UK sales drop amid weak footfall and bad weather
Primark’s parent company, Associated British Foods (ABF), expects like-for-like sales for Primark UK to fall by around 2% in the second half of the year, with total sales to be around 0.5% lower. This follows a like-for-like decline of 0.6% in the third quarter, which is projected to drop further…
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4 SeptemberClothing & Shoes
Primark to launch swap shop initiative with Verte
Primark is set to launch its first ever swap shop initiative for customers to exchange pre-loved and vintage clothing in store in celebration of London Fashion Week. Created in partnership with circular clothing company Verte, the limited pop-ups will launch this month in select Primark stores across the UK including…
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May- 2024 -29 MayNews
Today’s news in brief-29/5/24
Retail sales in the UK have seen their fastest growth since December 2022, according to the CBI Distributive Trades Survey. Sales volumes jumped by 8% in May, even as selling price inflation eased significantly to its lowest since August 2020, falling from 54% in February to 20%. Despite this improvement,…
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29 MayClothing & Shoes
Primark enters 17th market with new Budapest store
Primark has officially entered its 17th market with the opening of a store in Hungary’s capital Budapest. The move comes after the fashion retailer invested more than €8m (£6.8m) as part of its growth plans in Central and Eastern Europe. Primark’s Budapest store, which spans over 33,900 sq ft of…
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10 MayClothing & Shoes
Footasylum to upsize location at Metrocentre
Footasylum is upsizing its location at the top five super regional malls Metrocentre. The retailer is set to increase its presence by 25%, taking a 12,375 sq ft unit enabling it to stock a larger range of streetwear, sportswear, and footwear for men, women, and kids. This relocation and notable…
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9 MayClothing & Shoes
Primark to join the Ashley Centre
Multinational fashion retailer Primark is set to join the Ashley Centre, Epsom’s premier shopping destination. This coincides with the centre undergoing its £7m refurbishment, which is set to see significant upgrades to the scheme, including a refreshed interior and a new external entrance. Primark will occupy 44,000 sq ft in…
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Apr- 2024 -24 AprilHigh Street
Primark appoints three to advisory board
Primark has appointed Martin Brok, Sona Chawla and Christophe Roussel to its advisory board, according to sources. The trio will work alongside Paul Marchant, Primark CEO and outgoing finance director John Bason. The news follows Associated British Foods announcement of Bason’s departure and the launch of a “newly constituted” strategic…
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