Primark sees UK sales decline as ABF considers split from food arm

Primark may be split from the food brands owned by its parent company Associated British Foods (ABF), the company revealed as it announced its results for the year ending 13 September.
Primark revenues increased 1% to £9.5bn for the year, with store rollouts in Europe and the US contributing 4% to sales growth. Sales in the UK picked up pace in the second half of the year as the retail renewed its focus on its value proposition.
However, the company also noted that it expected the “s