Primark thriving amid UK retail doldrums
High street retailers are feeling the squeeze left right and centre at the moment but it’s not all doom and gloom everywhere. Over in the more ‘affordable’ section of the high street, things are ticking over nicely.
Primark have announced a rise in annual sales, with talk of some ‘particularly strong’ summer trading in the UK being bandied about as Primark tries really hard not to look overly-pleased with itself.
Like-for-like sales are up by 3% while total sales (including new store openings) have shot up by 15%. More words that are being thrown around Primark HQ include ‘thriving’ and (wait for it) ‘gaining market share’. It’s almost sexual.
The chain now has 242 stores across the land with 19 new ones opening over the past year and a second large store on London’s fashionable Oxford Street due to open later this month.
Are YOU a Primark user? What keeps you going back. And will they send us one of their mens’ all-in-one tiger suits as a thank you for this not-unfavourable piece of coverage? Who knows…