George Weston

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Photograph: iStock

Associated British Foods said price pressures in the global sugar market would prevent its earnings from growing in the coming 12 months as the drag o(...)

FIPhotograph: Toby Melville/Reuters

Associated British Foods on Thursday warned again on the outlook for its sugar business, though it maintained its overall guidance for the full 2017-1(...)

Resilient performance by Primark was held back by previously flagged poor sugar prices. Photograph: Jacobia Dahm/Bloomberg

Penneys owner Associated British Foods on Tuesday reported a 1 per cent fall in first-half profit, with a resilient performance at its Primark fashion(...)

ABF’s fast fashion  Primark business, known as Penneys in Ireland, received a boost from the weak pound and further expansion, with revenues surging by 19 per cent to £7.05 billion, while UK like-for-like sales jumped 10 per cent ahead. Photograph: Cyril Byrne / THE IRISH TIMES

Penney’s owner Associated British Foods has joined calls for a Brexit transition deal amid fears over customs chaos as it posted a 22 per cent leap i(...)

Primark’s  newest store, at the South Shore Plaza in Braintree, Massachusetts, encompasses 41,000sq ft of retail space and is expected to create almost 200 jobs in the local community

Primark, which trades as Penneys in Ireland, has opened its eighth store in the US. This latest addition marks the company’s third store in Massachuse(...)

The owner of Primark has forecast a modest decline in earnings for 2015-2016. Photograph: Reuters/Suzanne Plunkett

Associated British Foods, owner of the Penneys/Primark fashion chain and AB Sugar, warned yesterday that currency moves will dent earnings in its new (...)

A Primark store in central London. Along with its Boston plans, the cut-price retailer is said to be in negotiations on another eight stores in the US northeast. Photograph: Andy Rain/EPA

Filene’s Basement was a pioneering retail institution in Boston. Located in the famous, now closed Filene’s store at Downtown Crossing in the c(...)

Double-digit percentage sales growth at Primark fuelled speculation of a possible break-up. Photograph: Lewis Stickley/PA Wire

Associated British Foods has no plans to separate its high-flying Primark discount fashion chain from its grocery and struggling sugar business(...)

Fitzwilliam Finance Partners Ltd, an investment company led by solicitor Noel Smyth, has bought €140 million worth of loans owed by Irish retailer Arnotts to Ulster Bank.

Fitzwilliam Finance Partners Ltd, an investment company led by solicitor Noel Smyth, has bought €140 million worth of loans owed by Irish retailer Arn(...)

Associated British Foods reported a 13 per cent rise in full-year profit this morning as its Primark discount fashion chain, which includes Penneys in Ireland, expanded rapidly. Photography: Dara Mac Dónaill

Associated British Foods reported a 13 per cent rise in full-year profit this morning as its Primark discount fashion chain expanded rapidly.AB Foods (...)

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