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The Latest Breaking News from AB Foods

Primark boss says weight of Budget tax rises ‘falling on high street’

George Weston, the chief executive of Primark owner Associated British Foods, said it was preparing for a big jump in business costs.

Evening Standard

Primark earnings jump higher despite weather hit to summer ranges

Owner Associated British Foods reported a 53% rise in operating profits at Primark, to £1.1 billion over the year to September 14.

Evening Standard

FTSE 100 Live 05 November: Vodafone merger boost, Primark owner rallies but ASOS posts big loss

The merger of Vodafone and Three today moved a step closer after the companies were told a huge 5G rollout could alleviate competition concerns.

Evening Standard

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Primark drives strong sales at AB Foods as shoppers shrug off price hikes

Associated British Foods which also runs large grocery, ingredients and agriculture operations, said the backdrop is still ‘challenging’.

The Independent UK

Primark owner Associated British Foods buys National Milk Records for £48m

NMR, which has its head office in Wiltshire, provides provides milk and cow health testing and data services for farmers, milk buyers and vets

Birmingham Post

Primark issues cost warning as it pushes roll-out of its website

The company's owner cautioned over consumer spending in the second half as the cost-of-living crisis continues to put households under pressure

Wales Online

End of the good times for Persimmon as cracks appear in housing market

Ever-rising prices meant the homebuilder channelled large sums to shareholders and executives in recent years

The Guardian - UK

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Primark issues major announcement on price rises over the next year

The fast-fashion chain has confirmed that customers will not see any further price rises across stores

Daily Record

Primark makes big announcement on price rises between now and next autumn

Primark like-for-like sales have broadly returned to pre-Covid levels in the UK,

Wales Online

Billionaire boss of Primark rules out home delivery as North West stores to trial click-and-collect service

The business said its new UK website, which launched in April, has proved popular

Birmingham Post

Primark launches online shopping with 2,000 products available

Primark to launch online shopping as new click-and-collect service confirmed

Liverpool Echo

Primark to trial new click and collect service

Launch will see wider choice to people living near smaller stores

Wales Online

Primark prices will rise despite 'regret' over difficult decision

The budget fashion-chain broke the news in April that prices will have to go up

Chronicle Live

Primark chief 'regrets' difficult decision to raise prices on autumn and winter collection

Primark warned that it will increase prices on its autumn and winter collection as costs go up for businesses around the world.

Daily Record

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Wales Online

Primark finance boss 'regrets' difficult decision on new prices

It follows a warning issued by the chain in April

Glasgow Live

Primark owner issues warning to everyone who shops in store amid cost of living crisis

Primark are warning all customers to expect price hikes as the budget friendly fashion giant are being impacted by the rising rate of inflation. Bosses say they will make 'selective' choices.

Nottingham Post

Primark autumn range prices to rise as costs increase

It will come as a crushing blow for many

Liverpool Echo

Primark warns shoppers ahead of changes to its autumn and winter clothes

The fashion retailer has warned it will increase costs on its autumn and winter collection

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news in one place.

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Irish Mirror

Penneys shoppers dealt blow as prices set to rise across Irish stores within months

The budget fashion chain will make "selective" rises in the range

Manchester Evening News

Primark issues warning to anyone who shops in its high street stores

It's a crushing blow for shoppers who rely on Primark for cheap items

Wales Online

Primark issues warning over price of its clothes

The retailer has warned shoppers to expect 'selective price increases'

Birmingham Post

Primark to hike prices on clothes as business costs rise

The fashion chain has warned it will make "selective" increases as pressures from inflation start to bite

Manchester Evening News

Primark to cut 400 shop floor jobs across UK stores amid major restructuring plans

It comes as Primark's Owner, Associated British Foods revealed a hit to trading as Omicron kept shoppers away

People

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