Primark (ABF) Plans Home Delivery Service Expansion in UK
Published on Β· Source: bbc.co.uk
AI Summary
Summarized by AI from the source belowPrimark has announced plans to launch a home delivery service in Britain, having purchased a fulfillment facility in Sheffield. The company began selling online in 2022 with a click-and-collect option. Associated British Foods (ABF) projects a 1% growth in Primark's UK sales for Q4 2023, but expects like-for-like sales to decline by 3%. This move comes as Primark faces competition from online retailers and is aimed at boosting trading after reported subdued sales due to the recent hot weather.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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