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Primark operates as a fast-fashion retailer, focusing on providing trendy clothing at affordable prices. It achieves this by maintaining a low-cost business model, which includes minimal advertising, efficient supply chain management, and sourcing products from low-cost manufacturing countries. The company emphasizes high-volume sales and quick turnover of inventory, allowing it to respond rapidly to fashion trends and customer demands. Additionally, Primark's stores are typically located in prime retail locations, enhancing accessibility and visibility to consumers.

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1mo ago

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