News English — Primark

Primark revenues within touching distance of £6bn + 360 Interior Views of Oxford Street Store

Posted by Haesoon Jung on

Primark has reported about £0.7bn in net profits on revenues of close to £6bn in its 2016 full year report. The company has single-mindedly focused on building its store portfolio and remains one of the last high-street retailers in the UK without a transactional e-commerce website. (Source: Company Accounts) Primark's first Oxford Street store (Marble Arch end) spread over 70,000 sqft opened in April 2007 and generated about £200m in revenues to June 2008. Average sales were reported at an average of £2.5m-£3m (The Independent, June 2008) per week. We visited the four-storey 82,400 sqft shop at the Tottenham Court...

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