The new Primark store in Prague is the first in the Czech Republic.

Primark has opened its first Czech Republic store in Prague, marking the 14th market for the retailer. The store, which is based on Wenceslas Square,(...)

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(...)

Galen Weston, who has died aged 80, pictured in Brown Thomas in Dublin in 2008. Photograph: Matt Kavanagh.

Galen Weston, the entrepreneur who built an Atlantic-spanning business network that made him one of the richest Canadians, has died. He was 80. Mr We(...)

Penneys had planned to take two floors of the old House of Fraser unit at Dundrum Town Centre. Photograph: Tom Honan for The Irish Times.

Irish fast fashion retailer Penneys is keeping its expansion plans for Dundrum Town Centre on hold, as it deals with the impact of the Covid-19 pandem(...)

A queue as Penneys in Blanchardstown, Dublin, when it opened its doors on December 1st. Photograph: Dara Mac Dónaill

Penneys stores in Ireland broke their daily sales records on two days running after the reopening this week of non-essential retail outlets. John Bas(...)

Associated British Foods, the owner of the Irish-headquartered discount fashion chain Penneys/Primark, was up by almost 17 per cent in early afternoon trading.

Hospitality stocks, such as airlines and hotel operators, as well as retailers surged on the news that a potential vaccine for coronavirus may be up t(...)

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(...)

AB Foods is predicting huge losses due to Covid-related store closures

Penneys parent Associated British Foods says the temporary closure of its stores due to new Covid-19 restrictions will cost it £375 million (€416 mill(...)

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