See, I knew I’d have some good news eventually. It’s not bring out your dead, it’s let’s have a party. Primark has looked at the recession and told it to swivel. This Christmas was another successful one for the low-cost clothes retailer with like for like sales up by 4%.
The continued success of Primark may be in part be in due to the opening six new stores in the UK as well as a sea change in British consumers’ atitudes. The increase in sales for Primark prove that the populace is becoming more price conscious and switching to budget shopping, look at Iceland’s expansion. This will be good news for Primark considering they have been linked to UK sweatshops where workers were underpaid, over worked and mistreated.
