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Queues at Primark in Norwich aid record sales | Norwich Evening News

Published: 8:26 AM April 20, 2021    Updated: 10:19 AM April 20, 2021 Byron Legge and Chelsea Steers were the first in a queue of shoppers which stretched from the Primark doors up to by the Forum in Norwich ahead of the shop s 7am reopening on Monday, April 12. - Credit: Ella Wilkinson Primark s queues of shoppers on reopening at stores such as Norwich helped soften the blow of a 17pc drop in sales during Covid. The store, which doesn t have an online offering, saw adjusted profits before tax down 50pc to £319m in the six months to February 27. Primark s owner ABF, Associated British Foods, also revealed it will repay £121m in furlough cash claimed for workers in the current financial year, including £72m to the UK government, and will not make any further claims under various government job retention schemes.

AB Foods cheered by Primark s record reopening after profit slump

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Primark reports record sales as Covid lockdown eases in England and Wales

Primark reports record sales as Covid lockdown eases in England and Wales Julia Kollewe © Provided by The Guardian Photograph: Christopher Furlong/Getty Images Primark recorded record sales last week when non-essential retailers were allowed to reopen in England and Wales, with shoppers eager to buy spring and summer clothes, as well as stay-at-home staples. Associated British Foods, which owns the clothing and homewares retailer, said more than half the stores broke their own sales records, as many of them offered extended opening hours. Large queues formed outside some shops before 7am on 12 April, following a three-month closure due to the latest coronavirus lockdown.

Record sales at re-opened Primark stores as it vows to return £121m furlough cash

Record sales at re-opened Primark stores as it vows to return £121m furlough cash Primark has seen record sales on re-opening but months of closures have caused a profit slump. But it will repay £121 million in furlough money claimed under government job retention schemes. Hannah Finch Updated Sign up to FREE email alerts from BusinessLive - Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Primark enjoyed “record” sales in England and Wales in the first week of reduced lockdown restrictions allowing stores to reopen, the company has revealed.

FTSE 100 slide accelerates as strong pound hits exporters, while Hammerson hit by rent issues

FTSE 100 slide accelerates, while Wall Street set for opening fall ahead of Netflix results The UK blue-chip index continues to fall back from key 7000 level while US markets forecast to show early declines FTSE 100 down 84 points Tobacco firms fall 12.38pm: Netflix in focus Wall Street is set to follow Monday s dips with another opening fall. All eyes with be on the tech sector, with Netflix releasing results after the US market closes. Sophie Griffiths at Oanda said: US futures are pointing to a softer start, extending losses from the previous session. Yet even with this pullback, US stocks remain near record highs. The CBOE volatility index, often referred to as the fear gauge, is ticking higher again, suggesting risk-off sentiment is creeping up.

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