{"id":559467,"date":"2026-07-20T19:09:10","date_gmt":"2026-07-20T19:09:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/559467\/"},"modified":"2026-07-20T19:09:10","modified_gmt":"2026-07-20T19:09:10","slug":"primark-cuts-prices-ahead-of-split-from-ab-foods","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/559467\/","title":{"rendered":"Primark cuts prices ahead of split from AB Foods"},"content":{"rendered":"<p>Fashion retailer Primark said today it would reduce prices by up to 29% across hundreds of bestselling womenswear, menswear and kidswear products, seeking to improve trading ahead of next year&#8217;s demerger from parent Associated British Foods.<\/p>\n<p>Primark trades as Penneys here.<\/p>\n<p>The lower prices will launch across Primark&#8217;s 19 markets from today.<\/p>\n<p>Earlier this month, Primark reported a 2.2% fall in like-for-like sales in its third quarter to June 20, highlighting &#8220;a challenging consumer environment&#8221;.<\/p>\n<p>It said it was increasing investment in initiatives to drive like-for-like sales growth.<\/p>\n<p>AB Foods confirmed in April it would spin off Primark from its food businesses before the end of 2027.<\/p>\n","protected":false},"excerpt":{"rendered":"Fashion retailer Primark said today it would reduce prices by up to 29% across hundreds of bestselling womenswear,&hellip;\n","protected":false},"author":2,"featured_media":559468,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-559467","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/559467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=559467"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/559467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/559468"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=559467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=559467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=559467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}