Job cuts add to slew of evidence underscoring the UK budget’s impact on British retailers. Read more at straitstimes.com.
It added to the gathering gloom over the economy at the start of the year as supermarket chain Sainsbury's yesterday revealed a cull of jobs while Primark said its sales were suffering.
Associated British Foods Plc cut guidance for sales growth at its Primark discount fashion retailer, blaming weak UK consumer ...
Shares of Associated British Foods PLC ABF shed 2.97% to £18.80 Thursday, on what proved to be an all-around great trading ...
Unseasonal weather and shaky consumer confidence has contributed to a dip in Primark’s UK sales. In a trading update for the ...
Even the country's cut-price clothing stores are feeling the pinch, as the Associated British Foods' share price weakness shows.
Associated British Foods downgraded the annual sales guidance for its Primark budget clothing business on Thursday after ...
The conglomerate lowered its sales-growth expectations for Primark —its clothing retailer that accounts for the lion’s share ...
Primark owner Associated British Foods has revealed a slump in sales in the UK in recent months amid continued pressure on ...
Investing.com -- Associated British Foods (LON: ABF) (ABF), the parent company of retail giant Primark, has lowered its sales ...
Primark's owner has slashed forecasts for the retailer's sales this year after a disappointing performance over the crucial ...
Associated British Foods PLC (ASBFY.PK, ABF.L) reported Thursday that its 16-week Group revenue dropped 2.2 percent from last year to ...