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Primark Stores Ltd.

Primark Stores Ltd is the company that owns Primark, a large clothing retail chain based in the Republic of Ireland, which operates in Ireland, the UK, the Netherlands, Portugal, Germany, and Spain, although in Ireland it operates under the name Penneys. The company is a subsidiary of Associated British Foods plc, which is owned by Wittington Investments, a company run by the Weston Family. Founded in 1969 in Dublin, Ireland, Penneys moved into Great Britain in 1973 as Primark and by the end of May 2009, Primark had opened retail stores in Portugal, Germany, the Netherlands and Spain.

Latest articles

Change at top for Marks & Spencer and ITV

18.11.09
New bosses were hired at Marks & Spencer and ITV today in moves expected to bring huge changes to the high street and television... more

Marks is learning no business has a divine right to survive

04.11.09
It's not quite Primark & Spencer yet but the message from Sir Stuart Rose could not be more clear... more

M&S to flag up foreign growth

12.10.09
Marks & Spencer is expected to give broad hints of a big push overseas and an expansion of its internet operations tomorrow, in an investor presentation being billed by some as a beauty parade of potential new chief executives ... more

Primark founder to retire after 40 years

11.09.09
Arthur Ryan, the retail legend who founded Primark sparking the development of so-called throwaway fashion, is stepping down as chief executive after 40 years... more

Sunny times for Primark

07.09.09
“We got the weather we really wanted when we wanted it,” said John Bason, finance director of Primark owner Associated British Food ... more

Primark sees sales increase by 20%

09.07.09
Cheap fashion chain Primark's success on the high street has shown no signs of ending after the retail chain reported a 20% jump in sales for the current financial year ... more

Primark shrugs off brickbats as sales go rocketing by 21%

09.07.09
Charities say it exploits the third world and its own staff have taken to the internet to besmirch its customers but clothes juggernaut Primark rolls on through the recession ... more

City Spy: Merrill bonus for Bank of America

07.07.09
Bernie Madoff, Allen Stanford and the other credit-crunch rogues have given wealth management a bad name but the industry itself is hardly on its knees. The Scorpio Partnership's newly released annual survey of the global wealth business found that assets under management slumped by an average of 15.7% in 2008 while profits at private banks crashed by 32.9% ... more

Primark shines but it’s tough for parent

21.04.09
Cut-price clothing chain Primark expects to create another 2300 jobs in the 13 more stores it is opening on the back of a boom in sales from cost-concious consumers... more

£3 jelly sandals turn me into a hypocrite

06.04.09
Ever since that Panorama investigation, I have avoided Primark. However dire my bank balance, it is still not so dire that I need clothe myself in cheap dresses wrung from a small Indian girl's tears... more

Primark shrugs off labour rows

23.02.09
Retail: Fast fashion house Primark is still on the up, despite investigations into its use of cheap labour and claims that some of its suppliers are little better than sweatshops... more

‘Slave labour’ claim can’t stop Primark sales from soaring

15.01.09
Retail: Allegations of slave labour at a Manchester factory have not dented Primark’s sales... more

There's no chance of me being a new puritan

27.11.08
The other night I had a respectably raucous evening at the Rivington Bar and Grill near Old Street with three old university friends... more

Market report: Worries over bailouts put bank trio on slide

17.11.08
The three High Street banks taking refuge in the Government's lifeboat were the biggest fallers among blue-chip stocks today as City investors became increasingly disillusioned with the terms of their proposed fund-raisers.... more

Next braced for Christmas woe after sales plunge 4.4%

05.11.08
Fashion chain Next adds to the gloom on the High Street as it reports tumbling sales and warns the key Christmas shopping season may be no better... more

Primark helps AB Foods to a smart £632m

04.11.08
Associated British Foods reports a 3% rise in profits, thanks to bumper sales at clothing retailer Primark and price increases in its grocery division... more

Top marks for cut-price Primark but profits at M&S are plummeting

04.11.08
Cut-price high street store Primark is thriving in the harsh economic climate but its rival Marks & Spencer's profits have been devastated... more

Princess Primark has a night out with mum

24.10.08
The credit crunch has clearly hit the royal family hard. Well, sort of. Princess Eugenie, 18, enjoyed an expensive night out but wearing a cut-price dress from Primark.... more

Bargains for shoppers, dire outlook for shops

14.10.08
Almost half of the stores on London's main shopping street are offering discounts of up to 70 per cent to keep customers spending... more

Fashion sales feel squeeze on High St but online retailers are booming

12.09.08
Analysis: As the capital gears up for London Fashion Week, the bosses of the biggest clothing chains are more likely to be found drowning their sorrows than cracking open the champagne... more

Squeeze on spending is good news for Primark

08.09.08
Consumer: Primark is still bucking the consumer downturn on the High Street as shoppers become ever more cost conscious... more

Market report: Rolls-Royce suffers as aircraft orders dry up

21.08.08
Rolls-Royce shares lost out today as broker sentiment soured against the aircraft engines maker.... more

High street woes put the brakes on Primark

10.07.08
High street woes and criticism of suppliers' labour sources are putting the brakes on Primark's expansion.... more

Two sides to sweatshops story

04.07.08
Someone in the music business told me the other day that to be successful, a pop song has only 10 seconds to capture the imagination... more

A cheap but not cheerful Primark moment

24.06.08
Last night BBC's Panorama showed children making clothes for Primark, reminding us that those prices are too good to be true - Indian children being even more cost-effective than their beloved "economies of scale" - and also of the power of investigative journalism.... more

Primark sizes up Europe tilt

03.06.08
Primark is preparing to take on Europe following the success of its "value chic" offer on the British High Street... more

AB Foods beats gloom to shine at £296 million

22.04.08
Silver Spoon sugar-to-Primark clothes retailer AB Foods is shrugging off rampant food inflation and one of the toughest retail environments in decades... more

Bargain hunt: Alex Curran gives the designer shops a miss for budget chic in Primark

27.02.08
With a football player husband who takes home £90,000 a week, it's the last place one might expect to see Wag Alex Curran. But it appears even the wife of Steven Gerrard has caught the cheap chic bug, as she was seen carrying a bag from budget store Primark while shopping in Liverpool yesterday ... more

Who wants to be a WAG?

17.08.07
Football has returned but come Saturday night, which bars should you head to if you want to see more of your favourite players?... more
  • Facts
  • Primark currently has 189 operating stores as of May 2009. 38 in Ireland, 12 in Spain, 136 in the UK, 1 in the Netherlands, 1 in Portugal and 1 in Germany
  • As of late 2008, Primark employs around 27500 employees
  • In 2008 Primark was the subject of a child labour scandal, after an undercover report by BBC’s Panorama found that some Primark supplier factories in India were found to be employing children in the production of Primark products
  • There has been disagreement over the pronunciation of ‘Primark’, with the general pronunciation in England being ‘PRY-mark’, and the rest of the UK (Scotland, Wales, and Northern Ireland) pronouncing it ‘PREE-mark’.

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