Primark to close its 189 stores in UK - FT
Reuters
Published Mar 22, 2020 13:23
Updated Mar 23, 2020 14:15
(Reuters) - Associated British Foods Plc (L:ABF) intends to close its 189 Primark stores in the United Kingdom from Sunday night after cancelling all new orders from suppliers as demand shrinks due to the coronavirus outbreak, the Financial Times reported.
The fashion retailer has cancelled all new clothing orders from suppliers such as factories in India and Bangladesh but will continue to honour orders already shipped or delivered to Primark warehouses or stores, the FT said https://www.ft.com/content/06d8b780-6c31-11ea-89df-41bea055720b on Sunday.
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Written By: Reuters
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