All Primark articles – Page 9
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NewsPrimark positive over plans for April 12 reopening with 'worst behind us'
Primark finance boss John Bason has said the retailer believes it is “more than likely” it will reopen stores on April 12.
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NewsPrimark loses £1.1bn in sales due to lockdowns
Primark estimates that non-essential retail closures across its global store estate cost the business £1.1bn in lost sales in the first half of its financial year, but expects the period after lockdown ends to be “highly cash generative”.
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DataData: Shoppers most excited to return to Primark after lockdown
Consumers feel more comfortable now about returning to stores than they did last May, exclusive research for Retail Week has shown, and shoppers are most excited to return to Primark.
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NewsSell online? Not likely, insists Primark finance chief
As sales were decimated and shoppers flocked online during lockdown, many might think Primark would reconsider whether to trade online – far from it.
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NewsStore closures hammer Primark sales as Boohoo exceeds expectations
Primark has recorded a sharp downturn in sales over Christmas with its stores forced to close, while digital pureplay Boohoo’s sales soared.
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GalleryIn pictures: New stores that brought the wow factor in lockdown year
2020 may be more synonymous with shuttered stores but it did bring us some eye-catching new shops. Retail Week rounds up some of the best to whet your appetite
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NewsPrimark’s Paul Marchant: Anyone who thinks shopping in person is over is naïve
Primark boss Paul Marchant has launched a passionate defence of physical retail and called for more investment to be ploughed into Britain’s high streets in the wake of the coronavirus crisis.
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NewsPrimark posts ‘very strong’ sales after reopening post-lockdown
Sales at fashion powerhouse Primark have been “very strong” after stores reopened following national lockdowns, parent ABF reported.
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NewsSainsbury’s joins Primark and M&S in extending pre-Christmas opening hours
Grocery giant Sainsbury’s is set to extend its opening hours in the run-up to Christmas, joining rivals Aldi and Waitrose in making the move.
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AnalysisAnalysis: Vaccine joy sparks share price snakes and ladders
Welcome news of a coronavirus vaccine has sparked a stock market shift as investors rushed to buy and sell shares. Big-name retail and other consumer stocks shunned during the pandemic were back in fashion, while lockdown stars took a hit.
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Opinion‘Don’t forget about stores this ecommerce Christmas’
Almost £3bn in sales might shift online this Christmas, but don’t underestimate the draw of the store, writes Gemma Goldfingle
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NewsPrimark calls for longer Christmas opening hours post-lockdown
Primark chiefs want extended trading hours post-lockdown to cater for pent-up demand and have reaffirmed their faith in its pureplay bricks-and-mortar model despite the latest lockdown.
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NewsPrimark profits and sales battered by coronavirus store closures
Primark has posted falls in both its full-year profits and sales blaming the closure of its store estate during the third quarter in a bid to stem the spread of the coronavirus.
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NewsPrimark warns second lockdown will cost £375m in lost sales
Primark has said England’s looming second lockdown, alongside closures across other parts of its global estate, means over half of its selling space will be shuttered as of this week.
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AnalysisDigital Fashion 40: The retailers fashioning an online future
The Digital Fashion 40, a new benchmark produced by Retail Week and data analytics specialist The Smart Cube, analysed every aspect of UK fashion retailers’ online performance, including their digital capabilities, website traffic, customer experience and brand sentiment.
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AnalysisSix ways Amazon, Levi’s and more are transforming their businesses
With retailers forced to rethink their operations to meet new customer demand, cut costs and ultimately survive, RWRC’s latest report reveals where retailers should be placing their time, money and energy in the year ahead.
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Opinion‘As shoppers flock online, investors are following’
The Issa brothers’ £6.8bn swoop on Asda may be an exception that proves the rule. While the forecourt convenience retail entrepreneurs have put their money into a primarily bricks-and-mortar business, other people’s cash is increasingly going elsewhere.
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AnalysisCan fashion retailers get shoppers out of their jogging bottoms?
The fashion industry has been one of the hardest-hit sectors amid the coronavirus pandemic as demand waned over a wedding- and holiday-free summer. Can fashion retailers convince shoppers to ditch their loungewear in favour of party dresses?
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NewsPrimark boss: Practical approach to Covid constraints has spurred stores’ success
Primark’s strong shopkeeping skills helped draw customers to its stores despite the tough conditions afflicting many retail locations following the coronavirus outbreak.
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NewsPrimark profits to hit top end of range after strong trading resumes
Primark owner Associated British Foods (ABF) said the retailer’s profits are expected to be at the top of its revised range after a strong resumption of trading following lockdown.