Daily Telegraph: "Primark owner confident British high street will 'regenerate' as it sees 23pc sales growth"

Link to web site

"Despite a dire few months for UK retailers, that has seen HMV, Blockbuster, Comet and Jessops fail, John Bason, finance director of Primark's ABF, said he was confident the high street would 'regenerate'. He said:

"I would be amazed if anybody is calling the end of the high street. The shape of the high street will change, but as it always has done."

"Recent retail casualties reflected the 'technological change affecting that sector', he said, as customers move online."