Primark open to more Irish shops as UK slows

Primark, the low-cost clothing retailer headquartered in Dublin and which trades here as Penneys, has indicated that it is open to the idea of opening more stores in Ireland, writes Geoff Percival.

The suggestion comes on the back of a strong year for the retailer but coincides with shop owners in the UK suffering their worst October for nearly a decade.

Primark generated revenues of £7.05bn (€7.99bn) for the 12 months to September 16, up 19% on the previous year.