23-01-2025 17:06 via theguardian.com

Primark sales in first post-lockdowns fall as shoppers face ‘economic worries’

Owner ABF says lower income consumers have cut back on spending amid ‘uncertainty and actual unemployment’Business live – latest updatesSales at Primark have fallen for the first time since the pandemic lockdowns, as the company said its low-income shoppers had been hit by economic worries.Associated British Foods (ABF), which owns the fashion retailer, said sales at Primark’s established UK stores fell 6% in the final three months of the year. Continue reading...
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