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EXPLAINED: 3 | Vintage Vibes

UK food inflation may be gone by Easter, claims boss of major retailer

Upbeat comments by Associated British Foods CEO come as grocery price rises fall to single digits for first time in 18 months

The Guardian - UK · Nov 7, 2023

Primark drives strong sales at AB Foods as shoppers shrug off price hikes

Associated British Foods which also runs large grocery, ingredients and agriculture operations, said the backdrop is still ‘challenging’.

The Independent UK · Nov 7, 2023

Primark owner upgrades profit outlook as shoppers seek holiday outfits

Associated British Foods says group sales rose by 16% with steeper prices helping to drive Primark’s growth

The Guardian - UK · Jun 26, 2023

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UK fixed mortgage rates rise to seven-month highs – as it happened

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The Guardian - UK · Jun 26, 2023

Primark owner Associated British Foods buys National Milk Records for £48m

NMR, which has its head office in Wiltshire, provides provides milk and cow health testing and data services for farmers, milk buyers and vets

Birmingham Post · Jun 6, 2023

FTSE 100 Live: ‘Unease is spreading across the banking sector again’; FTSE closes at 7,891.13

GSK, housebuilder Persimmon and the consumer products group Reckitt Benckiser are among the blue-chips updating investors today.

Evening Standard · Apr 25, 2023

Primark expects higher profits as people shop early for summer

Associated British Foods says six-month figures helped by stronger-than-expected clothing performance

The Guardian - UK · Feb 27, 2023

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FTSE 100 Live: Pound tops $1.20 as Brexit NI deal reached, new Ofgem energy price cap revealed

Associated British Foods today said it had been boosted by better-than-expected trading at retail division Primark.

Evening Standard · Feb 27, 2023

Greater Manchester's lost supermarkets we no longer see on the high street

For many, these were the first places we ever shopped

Manchester Evening News · Jan 15, 2023

UK grocery inflation hits 14.7%; recession looms as housing market weakens – as it happened

UK households face £682 rise in annual grocery bill as prices soar, and there’s ‘no peak in sight’

The Guardian - UK · Nov 8, 2022

FTSE 100 Live: Food price inflation hits record 14.7%, Binance acquires crypto exchange FTX

Marks & Spencer today revealed a 24% drop in half-year profits and said its Ocado Retail joint venture will be loss making this year.

Evening Standard · Nov 8, 2022

Primark owner expects lower profits as energy bills rise by £100m

Associated British Foods warns of hit from soaring costs and drop in customer spending at fashion chain

The Guardian - UK · Sep 8, 2022

Associated British Foods appoints M&S finance boss Tonge as CFO

He replaces John Bason who will head up strategic advisory board at fast fashion retailer

Evening Standard · Jul 21, 2022

Primark boss makes bleak confession about all of the items being stocked in stores

He's admitted to being full of 'regret'

Manchester Evening News · May 31, 2022

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Glasgow Live · May 31, 2022

Primark to raise prices amid cost of living crisis leaving shoppers 'gutted'

John Bason, finance director at Primark's parent company Associated British Foods said the clothing and beauty retailer were committed to 'affordability for everyone' despite the price hikes.

Daily Mirror · May 31, 2022

Primark boss says he 'regrets' decision to raise prices on clothing this year

Fashion giant Primark has a reputation for value, but now the retailer says it is being forced into a series of price hikes because the rising cost of living is hiking its own costs

Daily Mirror · Mar 14, 2022

Primark hints at new click and collect shopping ahead of website launch this month

Primark is preparing to launch a new website this month and the finance director of its parent company, Associated British Foods, says "click and collect" may be a possibility in the future

The Independent UK · Feb 28, 2022

Primark sales to jump 60% after pandemic recovery

Associated British Foods said its sales and profits are ‘strongly ahead’ of last year.

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Daily Record · Jan 20, 2022

Primark to slash 400 shop floor jobs under major new restructuring proposals

Associated British Foods, which run Primark, have also stated they are launching a new website that will display more of their products.

Manchester Evening News · Jan 20, 2022

Primark to cut 400 shop floor jobs across UK stores amid major restructuring plans

It comes as Primark's Owner, Associated British Foods revealed a hit to trading as Omicron kept shoppers away

The Guardian - UK · Jan 20, 2022

UK households hit by rising cost of living; Omicron lifts US jobless claims to three-month high – as it happened

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