I visited Primark, one of Europe's biggest retail chains, for the first time and I can see why it's taking over the US [Business Insider]
ASSOCIATED BRI/F UNSP/ADR (ASBFY)
NASDAQ:AMEX Investor Relations:
abf.co.uk/investorrelations
Company Research
Source: Business Insider
Now I understand why more and more Primarks are opening around the US. One of the biggest retail chains across Europe is Primark. In the United Kingdom alone, there are 191 locations. The chain was founded in Ireland in 1969, and now there are 400 locations across the globe, with a goal of 530 stores by 2026, according to the brand The first US location opened in 2015 in Boston. Almost 10 years later, there are 16 stores, but Primark aims to open 60 by 2026, it announced in 2021. I love a good discount store, like Dollar Tree or Five Below , but I didn't know what to expect from Primark — which has been called the " Costco of clothes " by analysts — except that my friends who studied abroad in London during college loved its low prices. New York's Roosevelt Field location opened in November 2022, and spans 44,290 square feet of retail space across two floors, Long Island Business News reported. I decided to visit in January after the holiday rush. Here's what I thought of
Show less
Read more
Impact Snapshot
Event Time:
ASBFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ASBFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASBFY alerts
High impacting ASSOCIATED BRI/F UNSP/ADR news events
Weekly update
A roundup of the hottest topics
ASBFY
News
- Is Associated British Foods (ASBFY) a Great Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- H&M, Boohoo to face UK probe over fast fashion footprint [Yahoo! Finance]Yahoo! Finance
- Associated British Foods: A Nearly 50% Dividend Increase Is A Rare Sight [Seeking Alpha]Seeking Alpha
- Primark Sees Sales Strength And Adds Click + Collect [Forbes]Forbes
- PRESS DIGEST-British Business - April 24 [Yahoo! Finance]Yahoo! Finance