Penneys will top up statutory maternity pay as part of new range of benefits
Supports for employees ‘across a range of parenting journeys’, including surrogacy, available for the first time
Associated British Foods
Penneys stores contribute to €1m-a-day profits last year for fashion retailer Primark
Retailer had 37 stores in Ireland during the financial year, although it opened a 38th store in Bray, Co Wicklow, in recent weeks
Wall Street recovery drives rise in global shares ahead of earnings reports
Euronext Dublin up just over 1% at close of business on ‘strong day’ for the market, traders say
Penneys and Primark owner AB Foods expects ‘significant growth’ in full-year profit
Recovery in margins at clothing chain fuels 39% jump in profit in first half of the year
Primark owner to invest over €117m in its UK clothing stores this year
Plans detailed by Penneys owner Associated British Foods include new store openings and extensions
Primark’s sales growth slows in Christmas quarter
No significant disruption to supply chain from Red Sea situation expected for now
European shares recoup losses but JD Sports shares plunge after profit warning
Ryanair arrests its slide with airline gaining 0.4% on Dublin listing
Primark drives strong sales at AB Foods as shoppers shrug off price hikes
The chain implemented ‘selective price increases’ for shoppers over the past year after reporting a spike in costs
Penneys owner raises profit outlook after rise in sales
Associated British Foods enjoys boost as shoppers buy more seasonal clothing and health and beauty products
Penneys owner under pressure from inflation and weak sterling
Fast fashion’s firm margins shrank 8.3% in first half of its financial year
Penneys owner Associated British Foods raises full year outlook
Resilient consumer demand for its budget fashion offering means Primark group now expects substantially higher sales
Primark to open 10 shops before Christmas amid ‘encouraging’ sales
Low cost high street retailer says cost volatility had ‘diminished’ since its previous update a month ago
Penneys add up for ABF’s gem in the Irish market
First time release of the company’s full accounts in Ireland shows it is a cash cow
Airlines take a hit over worries on inflation and oil prices
Twitter and Tesla lose ground as US tech sector stumbles
Penneys and Primark to raise prices as cost pressures mount
Retailer plans price increases for autumn-winter stock in delicate balancing act
European stocks clip losses as Russia and Ukraine hold talks
Euro zone banks brace for impact of further sanctions; Iseq ends session 0.73% higher
Primark trading picks up but remains below pre-pandemic level
Retailer, which trades as Penneys in Irish market, expects 60% rise in sales
Travel stocks lead European shares higher as airlines soar
Ryanair advances as oil stocks come off near two-year high
Primark to cut 400 managerial jobs across UK stores
Owner AB Foods says sales were up at retail chain despite Omicron denting footfall
Gardaí confirm Provisional IRA killed garda and soldier during Don Tidey kidnap
Patrick Kelly’s family call for end to ‘orchestrated nationwide campaign of misinformation’
Thai conglomerate in advanced talks to buy Brown Thomas and Arnotts
Stores are part of Selfridges portfolio of high-end retail outlets in €4.7bn deal
Discount retailer Primark plans aggressive US expansion
Company intends to grow its number of stores from 13 to 60 over the next five years
Fast fashion masters such as Primark fail to admit that climate conflicts are coming
Making sustainable clothing will mean either price increases or reduced profits
Primark promises to make clothes that last longer and are more recyclable
Parent’s share price drops as it says costs may increase but prices won’t
Iseq finishes up almost 1% as European indices snap four-day losing streak
Oil stocks up as US government tells majors it will buy their reserves
Penneys sales hit by Covid-19 restrictions in fourth quarter
Profits to beat expectations at Primark owner Associated British Foods
House builders shine on Iseq as wider European stocks advance
Overall gains capped by ongoing concerns over the Delta variant of coronavirus
Penneys owner raises full-year outlook after sales top expectations
Associated British Foods indicate sales advance over 200% year-on-year to €1.87bn
Primark opens first Czech Republic store as it eyes further expansion
Retailer plans more stores in Central and Eastern Europe
Brown Thomas and Arnotts may sell in £4bn Selfridges deal – report
Weston family appoint Credit Suisse to advise after unsolicited offer for group
Penneys owner to repay Covid supports received from State
Retailer has 36 stores waiting to reopen in the Republic and another 11 in the North
Galen Weston, owner of Brown Thomas and Arnotts, has died
Canadian’s transatlantic empire included majority stake in company behind Penneys
Penneys keeps expansion plans for Dundrum on hold
Retailer had been in talks to take two floors once occupied by House of Fraser
Penneys reports record sales in Irish stores after reopening
Parent company raises its estimate of lost sales due to Covid-19 lockdowns this autumn to £430m
Irish airline, hospitality and retail stocks soar on Pfizer vaccine news
Iseq index witnesses huge jump as Ryanair climbs 14%
European shares rise as investors bet on clear Biden poll win
US set to vote in its most polarised presidential election in living memory
AB Foods earnings fall 40 per cent on Primark’s Covid-19 hit
Primark’s profit plunged to £362m from £969m as pandemic measures shuttered stores
Penneys owner forecasts £375m loss of sales from lockdowns
Stores in Ireland, France, Belgium, Wales, Catalonia, Slovenia are temporarily closed
Penneys’ boom, more Brexit exits and Michael O’Leary’s war on travel restrictions
Planet Business: Recapping the week ‘in a very specific and limited way’
European equities climb as markets ignore US tech woes
Sterling slides on increasingly remote chance of UK-EU deal; Wall Street closed for Labor Day
Full-year profits at Penneys on course to top forecast
Continuing Covid impact on city centre stores will mean a hit to full-year earnings
Wall St sets upbeat tone for European stocks, airlines jump
Ryanair closes higher on news that British government is to ramp up Covid testing plans
Coronavirus vaccine hopes and positive US jobs figures boost markets
On the Iseq, Ryanair, CRH and AIB advance while Smurfit Kappa falls nearly 4%
Sales at Penneys and Primark fell 75% during lockdown
ABF reports ‘encouraging signs’ since reopening of stores
Shoppers queue as high street stores reopen in England
Non-essential stores reopen for first time in 12 weeks with Primark among the busiest
Global stocks climb near three-month highs as rebound hopes grow
Investors back belief economic downturn from Covid-19 pandemic has bottomed out
Primark to reopen all English stores on June 15th
Retailer believes social distancing measures likely to affect sales only in its busiest stores
Penneys owner AB Foods omits dividend to save cash in Covid-19 crisis
First-half operating profit rises 7% to £682m, while revenue increases 2% to £7.6bn
Brown Thomas and Arnotts staff to receive full pay during Covid-19 crisis
Stores availing of State wage support scheme
Penneys puts plan for new store in Dundrum Town Centre on hold
Move to take two floors in centre paused as fashion chain reviews spending plans
Penneys suspends rent payments to landlords for 37 stores
Retailer is losing net sales of €700m a month during crisis
European shares fall despite stimulus plans
Markets report: Wall Street slide deepens as more US states go into lockdown
Covid closures forces Penneys owner into second trading update
Primark stops placing new orders for clothes as store closures cost it €705m a month in lost sales
YOU MAY ALSO LIKE...
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Stardust
Inquests into the nightclub fire that led to the deaths of 48 people
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices