Penneys under pressure

The discount retailer is facing pressure from conscientious European shoppers and wage demands from workers in the developing world, writes Samantha McCaughren.

4th May, 2013
The Bangladesh disaster calls into question Penneys' dependence on low-cost Third World labour. Photo: Getty

It has developed a reputation for putting fashion on the shelves at bargain prices.

But the collapse of a factory in Bangladesh, with more than 500 people dead, reminded shoppers that Penneys' legendary value comes at a price.

Last week the company, which operates under the Primark grouping, announced a compensation fund for the victims of the factory disaster, saying it would work with local charities to provide aid to those affected.

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago