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    The Guardian

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

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    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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    Source link : https://www.theguardian.com/business/2025/jan/23/primark-sales-fall-fashion-chain-marks-and-spencer-next

    Author : Sarah Butler

    Publish date : 2025-01-23 15:42:00

    Copyright for syndicated content belongs to the linked Source.

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