All Primark articles
Value fashion retailer Primark was founded in Ireland in 1969 under the name Penneys, a name it still trades under in Ireland. The retailer operates over 400 stores worldwide with international expansion as its priority. It does not operate a transactional website or app, setting it apart from other retailers. In 2019, Primark opened its biggest store in Birmingham, featuring cafés, a blow-dry bar, and personalisation station. Primark continues to open more stores and is seen as an anchor for new shopping centres.
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Analysis
Retail 2025: How Molton Brown, Mamas & Papas and N Brown are taking ESG seriously
Retailers are taking heed of environmental, social and governance (ESG) matters, and in many cases are also realising the commercial benefits that come with focusing on these issues as opposed to solely chasing profit at all costs.
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News
Primark brings £1.5bn boost to UK high streets, report finds
For every £10 spent at a UK Primark store a further £3.60 is spent in other stores, restaurants and cafes, boosting high street spend by £1.5bn a year, according to a new report.
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Analysis
Budget backlash: Sainsbury’s boss warns tax rises will lead to higher prices
Despite posting surging profits and sales at the half year, Sainsbury’s boss Simon Roberts became the latest retail boss to warn that Labour’s all stick and no carrot approach to business will lead to higher prices.
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News
‘Disappointing’ Budget will cost Primark ‘tens of millions’, says ABF boss
The “disappointing” Budget for UK high streets will cost fashion giant Primark “tens of millions” of pounds, according to Associated British Food’s (ABF) chief executive George Weston.
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Retail Navigator Analysis
Primark (Financials)
Total sales at Primark rose 4.9% to £9,448m in the year to 14 September 2024 (FY2024). Revenue climbed 6% in constant currency, which the retailer said reflected “a strong performance” across its key growth markets, including the US, France, Spain, Italy and Central and Eastern Europe (‘CEE’), as well as the UK (its largest market).
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News
Primark profits rocket as sales climb
Value clothing powerhouse Primark has posted a big rise in full-year profits, helped by factors such as lower costs.
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Retail Navigator Analysis
Primark (Strategy)
Primark announces a three-year project with WRAP to support its “commitment to giving clothes a longer life”. The partnership will explore how collaboration and innovative solutions can keep clothing in circulation for longer to help reduce textile waste.
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News
Primark is opening its first store in Manhattan as US expansion ramps up
Primark has confirmed it will open its first store in Manhattan, New York City, as part of its ongoing international expansion as the value fashion giant targets 60 stores in the US by 2026.
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News
M&S set to overtake TK Maxx and Frasers as UK’s second-largest fashion retailer
Exclusive: Marks & Spencer is forecast to overtake a number of its rivals to become the UK’s second-biggest fashion retailer behind Next by 2027, Retail Week can reveal.
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Analysis
Half a century of savings: How Primark has shaped the British high street and its plans for the future
As Primark celebrates its 50th anniversary on the British high street, UK retail director Kari Rodgers speaks to Retail Week about the evolution and expansion of the business over the past five decades and how it plans to continue on an upward trajectory.
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News
Primark rolls out click and collect to more stores in time for Christmas
Primark is rolling out its click-and-collect service to a further 54 stores in time for Christmas as the retailer celebrates 50 years on the high street.
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News
Primark has maintained its guidance despite unseasonable summer weather taking toll
Fashion giant Primark has maintained its full-year guidance despite the unseasonable British summer taking its toll during the second half.
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News
Primark launches pre-loved pop-up shops
Retail giant Primark is launching its first Swap Shop initiative for customers to allow them to swap vintage and pre-loved clothes in stores.
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Gallery
Primark opens new US store dedicated to Disney
Fashion giant Primark has opened its newest store in Orlando, Florida, in partnership with The Walt Disney Company.
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Analysis
Price, value and competition: The factors determining this year’s back-to-school winners and losers
As the majority of the back-to-school retail players lock prices across school uniforms and essentials again this year, Retail Week looks at the driving factors of the peak shopping period ahead of the return to school in August and September
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News
Primark is locking prices of kids’ essentials to help families ‘feeling the pinch’ get back to school
Fashion giant Primark is freezing prices on hundreds of children’s clothing essentials to support families with their back-to-school shopping.
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News
Primark has named former Tesco and Whitbread exec as new COO
Primark has poached an executive from Premier Inn owner Whitbread for its new chief operating officer.
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News
Primark accelerates expansion in Portugal with €40m investment
Fashion giant Primark has announced it will invest €40m (£33.8m) into its Portuguese business, opening four new stores in four new cities.
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Opinion
‘Brightening retail outlook could create sweet spot for M&A this year’
After a challenging 2023, falling valuations and pent-up demand for deals could spark a revival in retail M&A as economic conditions stabilise, believes Erin Brookes