Primark sales slumped heavily in the UK in the run up to Christmas as “cautious” shoppers cut back their high street spending.
Like for like sales at the discount fashion chain were down 6.4% in the UK over the 16 weeks to 4 January with the biggest declines in October and November before a pickup in December, its parent company said today in a trading update. Primark’s market share fell slightly to 6.8%.
