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Primark Sees Strong Reopening Traffic But Europe Headwinds Loom

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Primark parent Associated British Foods touted strong foot traffic at store reopenings in England and Wales, but it still expects the Covid-19 pandemic to weigh on second-half results. In a Nutshell: “Primark sales after store reopenings demonstrate the relevance and appeal of our value-for-money offering. We are excited about welcoming customers back into our stores…

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