Primark pledges to hold prices despite £1bn ABF inflation hit
Evening Standard|November 08, 2022
PRIMARK'S owner ABF has taken a £1billion hit from rising costs, but has pledged not to pass them on to shoppers as its fights to keep its reputation as cheapest player on the high street.
Simon English
Primark pledges to hold prices despite £1bn ABF inflation hit

Shoppers are back in stores at near pre-pandemic levels in what CEO George Weston sees as a vindication of the brands avoidance of internet sales. For the year to September sales jumped 22% to nearly £17 billion at parent group ABF, which includes the Silver Spoon sugar arm.

Chief executive George Weston says customers are cautious. "We are seeing a change in shopping behaviour," he told the Standard. "Our footfall is up but the basket size is down, people are buying less, but coming into stores in greater numbers.

この記事は Evening Standard の November 08, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Evening Standard の November 08, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

EVENING STANDARDのその他の記事すべて表示
Only £65k a month to live like Boy George
The London Standard

Only £65k a month to live like Boy George

The Karma Chameleon singer listed his house for £17m in 2022, turning down offers. Now, he's looking for a tenant

time-read
2 分  |
September 26, 2024
Welcome to London, unicorn capital of Europe
The London Standard

Welcome to London, unicorn capital of Europe

We're flying far ahead of anywhere outside US for tech investment

time-read
3 分  |
September 26, 2024
Arteta's Arsenal evolution The next phase
The London Standard

Arteta's Arsenal evolution The next phase

Malik Ouzia and Simon Collings assess how the Spaniard will try to bring down Man City after he signs up for another three years with the title in his sights

time-read
6 分  |
September 26, 2024
Title fight catches fire after Gunners embrace dark side
The London Standard

Title fight catches fire after Gunners embrace dark side

Arsenal-City clashes take on a welcome edge of animosity

time-read
2 分  |
September 26, 2024
Whack the hippy gong-boho's back
The London Standard

Whack the hippy gong-boho's back

It happened in Paris one grey February day. Sienna Miller was in an oversized, black leather jacket, lace-trimmed silk slip and clumpy great wedges.

time-read
4 分  |
September 26, 2024
There's a Starlink waiting in the sky... 7,000 in fact.Can Elon Musk stop them crashing to Earth?
The London Standard

There's a Starlink waiting in the sky... 7,000 in fact.Can Elon Musk stop them crashing to Earth?

As he was preparing his fields for seeding this year, Barry Sawchuk came across a giant slab of space debris. It had come from a spacecraft belonging to Elon Musk’s company, SpaceX.

time-read
2 分  |
September 26, 2024
'Politicians are only into power-mongering, corruption and cronyism'
The London Standard

'Politicians are only into power-mongering, corruption and cronyism'

We speak to alt revolutionary DEEPAK CHOPRA about biomarkers, his digital twin and his work to save humanity from disease

time-read
4 分  |
September 26, 2024
I've been waiting for a production of Godotthis brilliant all my life
The London Standard

I've been waiting for a production of Godotthis brilliant all my life

Ben Whishaw and Lucian Msamati bring a potent, tragicomic chemistry to James Macdonald’s rich revival of Samuel Beckett’s challenging play.

time-read
2 分  |
September 26, 2024
Trust me, the Ritz is London's bestrestaurant
The London Standard

Trust me, the Ritz is London's bestrestaurant

To whom we turn in moments of gloom and glory can be instructive, a filter of our truest friends. I've fallen out with the Ritz a couple of times, including once after a visit to the bar which didn’t warrant a review (“But you said it was lovely!” they said.

time-read
3 分  |
September 26, 2024
'Healing is a dirty word'
The London Standard

'Healing is a dirty word'

After four traumatic years, FKA twigs is back with a new album -and a thrilling metamorphosis

time-read
5 分  |
September 26, 2024