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11th March 2022
11:24am GMT

"We're making the digital move forward in a very big way in both the UK and the rest of Europe. That will generate sales and profits for us," John Bason, finance director of Primark's owner, Associated British Foods, told Reuters.
"Does this give us a capability to move further forward? Well let’s have a look at that," he said in an interview.
"If there was an e-commerce opportunity for us, it will probably be more in the area of click-and-collect."
Bason was adamant that home delivery was still off their agenda, saying you can't get the same value by having home delivery.
Penneys was founded in Dublin in 1969 by Arthur Ryan, with the original store on Mary Street, but has since expanded to 402 stores globally under the Primark name, which was given due to JC Penney.
In November, AB Foods revealed they planned to expand their stores to 530 over the next five years, but have said this is "not the end of the line" and they have a "long way to go" when it comes to "adding space".
They are also planning to expand in the US, moving from 13 stores to around 60, including bringing some California.Explore more on these topics: