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Penneys

Stock Take

Ellie Donnelly’s Stock Take: Reports of High Street’s demise may be greatly exaggerated

Recent results show online retailers are struggling compared to their bricks and mortar rivals
  • Ellie Donnelly
  • May 20, 2023
business

No plans for Penneys click and collect in Ireland even as Primark extends service in Britain

Primark’s margin fell to 8.3% in the six months to March, down from nearly 12% a year earlier, according to its owner Associated British Foods
  • Charlie Taylorand
  • Bloomberg
  • April 25, 2023
Retail

Penneys owner AB Foods raises outlook to forecast profit margin of 8%

Associated British Foods expects half year revenues to be up 16 per cent year on year
  • Emmet Ryan
  • February 27, 2023
Retail

Penneys will open Bray store in first ever Wicklow outlet

The retailer will be the anchor tenant at the newly-opened Bray Central shopping centre
  • Paul O'Donoghue
  • February 17, 2023
Companies

Primark, Penneys sales up 15% after record Christmas sales

Associated British Foods, which owns Primark and Penneys, said consumer spending had proven more resilient than expected
  • Donal MacNamee
  • January 24, 2023
Retail

Still no online shopping at Penneys despite new Irish website

The company’s page will allow customers to check stock in local outlets. The retailer has traditionally shunned online sales
  • Paul O'Donoghue
  • January 17, 2023
Companies

Primark Ireland pays out €475m dividends even as after-tax profits fall 71%

Company suffered a hit to retail sales due to pandemic but accumulated profits rose to €1.3bn
  • Donal MacNamee
  • July 27, 2022

This old thing?

The idea of age-appropriate fashion is being rightly, and radically challenged
  • Lise Hand
  • August 8, 2021

Vincent Boland: Naive Cameron’s bromance ends in controversy and recrimination

The scandal currently consuming David Cameron is an example of what can happen when a financier with a big idea encounters a captive audience unable to figure it out
  • Vincent Boland
  • April 18, 2021

Emer McLysaght: Your no-fail, pandemic-proof, realistic predictions for 2021

Phone cases with ‘Kiss Me, I’m Vaccinated‘ on them and other definitely-happening things to look forward to
  • Emer McLysaght
  • January 3, 2021

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