Primark faces competition from Shein as UK sales decline

Primark's UK and Ireland same-store sales declined 3.1% in the year to September, attributed to a weak consumer environment and mild autumn weather. Shoppers are increasingly turning to online retailers like Shein for lower prices and wider selections, though some still visit Primark for specific items or basics. Despite the sales dip, Primark's global sales grew 1% and its UK market share increased, with a spokesperson stating its online model prioritizes passing savings to customers.