Primark to close its 189 stores in UK -FT [Reuters]
ASSOCIATED BRI/F UNSP/ADR (ASBFY)
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Source: Reuters
Primark to close its 189 stores in UK -FT - Reuters 1 Min Read March 22 (Reuters) - Associated British Foods Plc 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 here on Sunday. (Reporting by Rishika Chatterjee in Bengaluru; Editing by Catherine Evans) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2020 Reuters. All Rights Reserved. Primark to close its 189 stores in UK -FT March 22 (Reuters) - Associated British Foods Plc intends to close its 189 Primark stores in the United Kingdom from Sunday night after cancelling all new orders from suppliers
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