MARKET REPORT: Primark owner soars as store openings lift the mood

MARKET REPORT: Primark owner Associated British Foods soars as restrictions are lifted on ‘non-essential’ stores By Matt Oliver For The Daily Mail Published: 21:50 BST, 1 June 2020 | Updated: 22:12 BST, 1 June 2020 Primark’s owner was cheered by investors yesterday as it became the latest major chain to announce reopening plans. In line … Read more

Primark sales go from £650m a month to zero as stores remain closed

Primark confirms furloughing of 68,000 staff as sales go from £650m a month to zero after retailer is forced to close all stores by virus lockdown 68,000 Primark workers across Europe have been furloughed Primark expects to take a £284million hit from unsold stock  ABF is seeking to speak with landlords to get help with their … Read more