Penneys new store in Bray creates 100 jobs The new Penneys store in Bray in Co Wicklow was officially opened today after an investment worth over €4m by the retailer. Business • 46 mins
Penneys to open its first shop in Wicklow in July Penneys will officially open its new store in Bray in Co Wicklow on Thursday, July 18. The store is the company's first in Co Wicklow. Business • 28 Jun
Primark to open four new stores in Portugal Retailer Primark, which trades as Penneys here, is to invest over €40m in its stores in Portugal. Business • 20 Jun
Primark opens its first store in Hungary amid expansion Fashion retailer Primark has today opened its first store in Hungary - its 17th international market. Business • 28 May
AB Foods to do more to explain merits of food business Primark-Penneys owner Associated British Foods has not done a good enough job of explaining to investors the strategic logic, growth potential and value of its … Business • 07 May
Next keeps profit guidance after first-quarter sales rise Clothing retailer Next has today kept its forecast for annual profit after reporting a 5.7% rise in first-quarter full price sales, slightly ahead of its … Business • 01 May
Penneys owner eyes significant growth in full-year profit Associated British Foods has today forecast "significant growth" in full-year profit after reporting a 39% jump in the first half driven by margin recovery in … Business • 23 Apr
Primark invests £100m in UK, opens new Florida centre Primark plans to invest more than £100m in its UK stores this year, as it marks 50 years in the UK, while it also today … Business • 08 Feb
Penneys hopeful it won't be hit by Red Sea disruptions Associated British Foods said underlying sales growth slowed at its Primark-Penneys clothing business in the Christmas quarter and it cautioned it could face additional supply … Business • 23 Jan
Primark invests €50m in five new stores in Italy Fashion retailer Primark - which trades as Penneys here - has today announced an investment of over €50m in its Italian business. Business • 29 Nov 23
Penneys/Primark says well set for Christmas Fashion retailer Penneys/Primark is heading into Christmas in good shape and with trading momentum after its strategy of passing on only limited price rises kept … Business • 07 Nov 23
Penneys owner AB Foods raises profit outlook again Associated British Foods has today raised its full year profit outlook for the second time in four months, driven by a strong performance from both … Business • 12 Sep 23
Costello named new head of Penneys Irish operations Primark - which trades as Penneys here - has appointed Fintan Costello as the new Head of Penneys Republic of Ireland and Northern Ireland, taking … Business • 06 Sep 23
Penneys invests €10m in revamp of Mary Street store Penneys has completed a €10m investment project on a full refurbishment of its first ever store on Mary Street in Dublin city centre. Business • 31 Aug 23
H&M probes Myanmar factory abuses as pressure grows H&M told Reuters it is following up on 20 alleged instances of labour abuse at Myanmar garment factories that supply the world's second-largest fashion retailer. Business • 16 Aug 23
Revenues at Irish Penneys stores jumped 44% last year Revenue at Primark's Penneys stores in Ireland bounced back by 44% to €693m in the year to last September, according to accounts just lodged with … Business • 26 Jul 23
Global retailers cash in on Barbie movie craze Shoppers are snapping up Barbie hoop earrings, perfume, jumpsuits, and dresses as retailers seek to cash in on the Barbie film release today, reigniting the … Business • 21 Jul 23
Penneys owner AB Foods raises profit outlook Associated British Foods has today raised its profit outlook for the 2022/23 year as it reported a 13% rise in sales at its Primark fashion … Business • 26 Jun 23
Primark opens its first store in Slovakia Primark has opened its first store in Slovakia today in the Eurovea Shopping Centre in Bratislava. Business • 25 May 23
Penneys to open new relocated store in Dundrum in June Penneys said it will officially open the doors of its newly relocated store in Dundrum Town Centre on Thursday June 22. Business • 09 May 23
Penneys-owner cautious on spending as H1 profits fall Penneys-Primark owner Associated British Foods has today reported a 3% fall in first-half profit and kept its guidance for a flat outcome in the full … Business • 25 Apr 23
Fashion retailers tackle sustainability at conference Global fashion retailers gathering in Barcelona this week will discuss how they respond to pressure from regulators and consumers to move to more sustainable models … Business • 24 Apr 23
Primark's UK workers to get 12% pay rise Primark's 26,000 retail assistants in Britain are to get an inflation-beating average pay rise of 12% from April 1, the fashion retailer said today. Business • 30 Mar 23
Penneys owner AB Foods raises full year outlook Primark owner Associated British Foods has today raised its financial guidance for full year 2022-23 after a strong first half performance from the clothing retailer. Business • 27 Feb 23
Penneys to open first Co Wicklow store in Bray Penneys plans to open a new store in Bray later this year - its first outlet in Co Wicklow and its 38th store in Ireland. Business • 17 Feb 23
