Shares of Associated British Foods PLC ABF shed 2.97% to £18.80 Thursday, on what proved to be an all-around great trading ...
J Sainsbury Plc will cut 3,000 staff and close its remaining cafes, as Britain’s second-largest supermarket chain steps up a ...
The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S.
The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S.
Even the country's cut-price clothing stores are feeling the pinch, as the Associated British Foods' share price weakness shows.
Associated British Foods Plc cut guidance for sales growth at its Primark discount fashion retailer, blaming weak UK consumer ...
Unseasonal weather and shaky consumer confidence has contributed to a dip in Primark’s UK sales. In a trading update for the ...
Associated British Foods (ABF.L) downgraded the annual sales guidance for its Primark budget clothing business on Thursday after disappointing results in the Christmas quarter in its main UK and ...
"If Primark is struggling, you know the UK retail sector is in trouble", one analyst has responded as an industry survey ...
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.
Expectations for the state of the economy over the next three months have worsened since December, according to a consumer confidence survey ...