Shares of Associated British Foods PLC ABF shed 2.97% to £18.80 Thursday, on what proved to be an all-around great trading ...
The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S.
A City broker has downgraded its price target for Associated British Foods after Primark's sales slumped over Christmas.
Associated British Foods Plc cut guidance for sales growth at its Primark discount fashion retailer, blaming weak UK consumer ...
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 ...
Sainsbury's is to lay off 3,000 head office staff due to what it said was a 'particularly challenging cost environment', despite the firm seeing bumper Christmas sales.
Jan 23 (Reuters) - The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors ...
Job cuts add to slew of evidence underscoring the UK budget’s impact on British retailers. Read more at straitstimes.com.
Primark, the high street giant, has slammed the new Labour Party government over its National Insurance contribution shake-up ...
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.
The chill wind blowing through the retail sector has certainly not reached the scales of Storm Eowyn, but the outlook is increasingly deteriorating as 2025 progresses.
The fashion giant became the latest retailer to update on its performance over the peak Christmas period earlier today and higlighted the impact of "cautious shoppers" on sales. Retail Week explores w ...