All Primark articles – Page 42
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NewsPrimark records a 12% Christmas sales increase
Value fashion giant Primark shrugged off the effect of the snow before Christmas to record a 12% increase in sales, but warned that EBITDA margins will fall during the second half.
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NewsPrimark Christmas sales leap but rising cotton prices pose threat
Primark has reported first quarter sales up 12% year on year despite the snowy pre-Christmas weather, but warned that higher cotton prices are expected to affect margins.
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NewsPrimark sales director lands senior Target role
Primark sales director Allan Molloy is leaving the value fashion giant to join Australian retailer Target.
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AnalysisBoxing Day trading
With Boxing Day falling on a Sunday this year, trading hours will be shorter. What impact will this have on retailers in-store and online?
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AnalysisPassing on the VAT increase
With VAT set to rise retailers will struggle to absorb the increase, especially as other costs are rising. Some are already putting prices up to make January’s change less noticeable, Nicola Harrison discovers
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NewsRetailers face inquiry into 'sexualised' kids clothing
Retailers and brands selling what are deemed to be sexualised products to young children may face restrictions under a government review.
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NewsPrimark's Oxford Street store sets sales record
Primark notched up record sales of £820,000 at its flagship store on London’s Oxford Street on Saturday, according to newspaper reports.
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AnalysisMultichannel Now
Based on exhaustive interviews with many of the biggest names in UK retailing, Retail Week’s groundbreaking report Multichannel Now is the definitive guide to multichannel in the UK. Here, in an extract from the introduction to the report, its author Joanna Perry sums up the challenges the multichannel world is ...
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OpinionRising costs puts focus firmly back on product
UK consumers have never had it so good. In fact, thanks in large part to sourcing from the Far East, we have been in such a long period of deflation that shoppers have got used to a world in which prices fall consistently.
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AnalysisWeathering the fashion costs storm
With cost increases across materials, shipping and labour, are rising prices the only way for retailers to protect profit?
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NewsLand Securities raises rental charges as retailers look to grow
Landlord Land Securities’ rental values increased 1.1% across its portfolio as it benefited from an improving property market.
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NewsRising cotton prices threaten Primark’s hard-won margins
Value fashion giant Primark improved operating margins from 10.9% to 12.5% last year but has warned that they may shrink again as cotton prices soar.
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NewsPrimark profits up 35%
Primark has reported an 18% increase in sales and like-for-likes up 6% for the year ending September 18.
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OpinionEtail is redefining the retail property market
The names of the retailers taking stands at this year’s British Council of Shopping Centres said everything about today’s retail property market. Five of the top six supermarkets were there competing for sites, as were value retailers Wilkinson, Poundland and Store Twenty One, vying for space in an increasingly crowded ...
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NewsPrimark gears up for UK growth
Primark, the value fashion giant, is poised to open six new UK stores before Christmas.
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AnalysisThe shop of the new
Technology-astute, value conscious shoppers are redefining what they are looking for from a trip to a shopping centre. Mark Faithfull reports on the impact of a new consumer mindset
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OpinionPrice alone not enough for value specialists
One of the many things we’ll miss about Sir Stuart Rose when he retires next year is the frequency with which he says “value is a function of price times quality”. Never has that been truer than today.
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AnalysisQuality takes upper hand in value battle
Customers are redefining value and ‘returning to quality’. So what does the future hold for discount retailers?
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AnalysisAlistair McGeorge
While his decision to step down is a surprise, the enigmatic Matalan chief has undoubtedly made his mark at the value retail giant.
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NewsIn Focus: Matalan
The pending departure of Alistair McGeorge puts the spotlight on a pioneer of value retailing in the UK. Retail Week Knowledge Bank’s recently updated profile addresses whether Matalan, celebrating its silver jubilee, has reached maturity.