Stock Spotlight: Pandemic pain does not shake Primark's commitment to bricks and mortar retail

Aims to increase stores 33% in five years

James Baxter-Derrington
clock • 4 min read

Despite losing more than a third of its trading days to pandemic-related lockdown restrictions, Primark owner Associated British Foods has doubled down on its commitment to bricks and mortar and continues to shun the commonly accepted knowledge that an e-commerce offering is essential to the survival of a high street retailer.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Companies

Evelyn Partners' PE owners exploring potential sale – reports

Evelyn Partners' PE owners exploring potential sale – reports

Valued at more than £2.5bn

Eve Maddock-Jones
clock 15 August 2025 • 1 min read
UnitedHealth Group shares surge as Buffett's Berkshire Hathaway takes $1.6bn bet

UnitedHealth Group shares surge as Buffett's Berkshire Hathaway takes $1.6bn bet

Apple position trimmed further

Linus Uhlig
clock 15 August 2025 • 1 min read
Aviva Investors' AUM climbs by £7.7bn while profits rise

Aviva Investors' AUM climbs by £7.7bn while profits rise

Deal for Direct Line completed in July

Patrick Brusnahan
clock 14 August 2025 • 1 min read
Trustpilot