Primark to cut 400 store management jobs

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Primark to cut 400 store management jobs
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The retailer saw sales fall as the spread of Omicron cut the number of visitors to its shops.

The company behind retailer Primark and drinks Ovaltine and Twinings is cutting jobs and raising some prices as inflation pushes up its costs.

The company said the Primark job changes aimed to "provide clearer accountability, greater flexibility and more management support on the shop floor". The group said Primark's UK like-for-like sales were 10% lower in the 16 weeks to 8 January when compared with pre-pandemic levels two years ago, with shopper footfall hit by the rapid rise in Omicron cases.

The company said: "In our grocery, sugar, ingredients and agriculture businesses we have seen an escalation in the cost of energy, logistics and commodities.

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