USA news and archive

Primark American debut could boost profits by 70 percent

Value retail is big business in the USA, and Primark's launch into the lucrative American market could potentially boost it's sales by 70 percent. The figure, which assumes the retailer is successful following its launch in the US this autumn, was shared at a meeting organised by broker Shore Capital with investors and John Bason, finance...

Retail

Canada cracks down on US price competition

Consumers buying clothing in North America have seen a disparity between the prices in Canada and US, where they are often much more expensive. While they are different markets, the Canadian government is set to unveil legislation to target the retail price gap between its country and the US, giving the domestic competition watchdog new powers,...