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Breege O’Donoghue: one of the best and most respected corporate directors in Ireland. Photograph: Dara Mac Donaill

Something sits uneasily about the resignation this week of Fáilte Ireland director, the veteran former Penneys/Primark executive Breege O’Donoghue, ju(...)

The index was dragged down by a fall of about 2.2% for Ryanair, with the carrier closing at €11.80 on another weak day for airlines across Europe. File photograph: Getty

European stocks climbed as analysts speculated the market could be relatively resilient to last week’s technology-led declines in the US, while sterli(...)

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(...)

Irish Times business editor Ciarán Hancock talks to Willie Walsh, IAG CEO and recipeint of the Distinguished Leader in Business award at the 3rd Annual Irish Times Business Awards.

Willie Walsh, the veteran Irish aviation executive who will step down as chief executive of International Airlines Group (IAG) next week, is hopeful t(...)

People in masks outside a Primark in Oxford Street in London. Photograph: Yui Mok/PA Wire

Discount retailer Primark has become the first big UK employer to turn down a multimillion-pound bonus the UK government is offering for returning fur(...)

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(...)

All Primark stores were closed over 12 days from March 11th as coronavirus spread.

Fashion retailer Primark plans to reopen all 153 of its stores in England on June 15th as coronavirus restrictions are eased, encouraged by European s(...)

Penneys confirmed that its negotiations to take space in Dublin’s Dundrum Town Centre now occupied by British chain House of Fraser are on hold. Photograph: Matt Kavanagh

Fashion chain Penneys has put on hold talks to take two floors in the Republic’s biggest shopping centre as it grapples with the Covid-19 pandemic. P(...)

Primark has repeatedly insisted that online retailing makes no sense at its end of the market. Photograph:  Mike Hewitt/Getty Images

The coronavirus pandemic has shone a spotlight once more on discount fashion retailer Primark’s decision to eschew online sales. Primark, which trade(...)

Wall Street’s slide deepened further on Monday as the rapidly spreading coronavirus forced more US states into lockdown, overshadowing the Federal Reserve’s bid to shore up credit.

European shares fell again on Monday as the coronavirus spread continued to fuel fears of a recession in 2020. Dublin Dealers said that CRH, Ryanair(...)

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