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Primark says tier 4 extension will knock further £220m off sales

Cut-price fashion chain more affected by store closures than rivals because it does not sell online * Coronavirus – latest updates * See all our coronavirus coverage Primark has said it will lose an additional £220m in sales as more stores are forced to close under new restrictions to control the spread of Covid-19 in the UK. The cut-price fashion chain’s owner, Associated British Foods, said it expected to lose £650m in sales in the year to September, up from the £430m it had announced on 4 December, after the government said major cities including Manchester and Birmingham must join London and the south-east of England in closing non-essential shops. Continue reading...
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