ABF

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Concierge Shane Murphy welcomes a customer at Brown Thomas on Grafton Street. Photograph: Laura Hutton

Premier department stores Brown Thomas and Arnotts could be sold following a surprise €4.7 billlion bid for their parent, Selfridges Group. A potenti(...)

Penneys on Mary Street, Dublin: The retailer’s Irish stores remain closed. Photograph: Cyril Byrne/The Irish Times.

Penneys owner Associated British Foods (ABF) has said it intends to repay the State the money it has received in supports to cope with the Covid-19 pa(...)

President Donald Trump smiles at supporters after a campaign rally in Michigan. Photograph: Evan Vucci/AP Photo

European stock markets rose in early trading on Tuesday as investors bet on a clear win for Joe Biden as the United States votes in its most polarised(...)

Primark on Oxford Street. Photograph: Yui Mok/PA Wire

Associated British Foods on Tuesday reported a 40 per cent fall in full-year earnings, with a Covid-19 related hit to profit at its Primark clothing b(...)

Customers’ average basket size at Penneys is still higher than last year even after the initial post-Covid rush. Photograph: Dara Mac Dónaill

Full-year profits at Penneys will be “at least at the top end” of the company’s forecast £300 million to £350 million range due to a recovery in tradi(...)

Penneys on O’Connell Street, Dublin. Photograph: Nick Bradshaw

Penneys and Primark owner Associated British Foods (ABF) has said that sales at the retailer plummeted 75 per cent over the past quarter due to the lo(...)

Traders work on the floor at the New York Stock Exchange   in New York. Photograph: Brendan McDermid/Reuters

Wall Street’s main indices edged higher on Monday as investors bet on increased chances of monetary stimulus from central banks around the world to bo(...)

The Xtra-Vision store on the corner of Baggot Street and Waterloo Road in Dublin: Try to explain to a child of the 21st century what a video library was and watch confusion cloud their faces. Photograph: Bryan O’Brien

Last week, in an idle moment, Pricewatch took to Twitter and asked about the shops which have closed that people missed the most. The response was en(...)

Arthur Ryan, second from left,  and Alma Carroll at the opening of Primark’s store in Boston in 2015, alongside Mayor Martin Walsh and  Primark chief executive Paul Marchant. Photograph: Josh Reynolds

Leading business figures yesterday paid tribute to Arthur Ryan, who led Penneys-Primark from just one store on Dublin’s Mary Street to a global fashio(...)

Arthur Ryan, centre, talks with Primark chief executive  Paul Marchant in  2014. ‘I was fortunate enough to work closely with him and experience first-hand his sharp mind and innovative thinking,’ Mr Marchant said. Photograph: Javier Barbancho/Reuters

Arthur Ryan, founder and chairman of Irish retail phenomenon Penneys/Primark, has died at the age of 83 following a short illness. Mr Ryan ran the fi(...)

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