Primark’s sales fall short as COVID continues to take toll

Signage is displayed outside a Primark store at the Oxford Street, in London, Britain July 2, 2020. REUTERS/Hannah McKay

  • Primark Q4 underlying sales seen down 17% on two-year basis
  • UK sales hurt by ‘pingdemic’
  • Group still raises full year profit forecast
  • Shares down 3.4%

LONDON, Sept 13 (Reuters) – Sales at fashion retailer Primark fell short of management expectations in its latest quarter, hit by public health restrictions in major markets to control the fast-spreading Delta coronavirus variant.

Shares in owner Associated British Foods (ABF.L) were down 3.4% at 0859 GMT after it forecast Primark’s like-for-like sales in its fourth quarter to Sept. 18 were down 17% on the same period two years ago. That was after a 3% increase in the third quarter when stores reopened from pandemic lockdowns.

Primark’s two biggest markets, Britain and Spain, were particularly badly hit.

Britain suffered in late June and early July from

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Updated: New toll app offers alternative to E-ZPass transponder

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A Washington, D.C. area company is now offering an alternative to battery-powered transponders.

The Uproad app for IOS and Google aims to give drivers the ability to use all toll systems around the country. Uproad pays tolls, sends drivers alerts and allows users to calculate the cost of a road trip before beginning their drive.

blankIn January, Uproad added Delaware. It now has several states in the E-ZPass system on the East Coast.

The app can now pay tolls on four roads in Delaware, including the Delaware Memorial Bridge, Interstate- 95, SR-1 and US-301.

James Salmon, spokesman, for the Delaware and Bay Authority at first reported the app would not work on the bridge. It later turned out that neither the DRBA or the Delaware Department of Transportation have formally endorsed the app.

Uproad has signed up toll road systems in other states, including California.


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