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Primark owner profit dips as UK sales fall amid inflation squeeze

Source: BBC

Primark saw sales drop in the UK as people spent less at the budget retailer, its owner Associated British Foods (ABF) said.In the year to September it saw a 3.1% fall in like-for-like sales compared with the year prior, which it said reflected weak consumer confidence that meant shoppers were spending less in stores.The company said it expected the "subdued" retail market to impact Primark sales into 2026.Across…

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Read the original source at BBC