Arthur Ryan, Founder of Primark Chain, Found a Winning Formula for Cheap Chic
July 12 2019 - 10:59AM
Dow Jones News
By James R. Hagerty
Starting with a single store in Dublin, Ireland, 50 years ago,
Arthur Ryan built the international Primark fashion retailing
chain, where shoppers can find a trendy women's top for less than
the price of a fast-food meal.
Owned by Associated British Foods PLC, Primark now has more than
370 stores, mostly in Britain, Ireland and continental Europe, but
including nine in the U.S., where three more are planned.
Pricing frequently undercuts other sellers of ephemeral fashion,
including H&M and Forever 21. When Primark opened a store on
London's Oxford Street in 2007, shoppers were so eager to paw the
merchandise that they caved in one of the glass doors. Police
arrived to restore order.
Mr. Ryan remained discreetly in the background. The son of an
insurance clerk from Cork, Ireland, he got early experience as a
necktie buyer at the Swan & Edgar department store in London.
In 1969, he started what is now Primark with a store called
Penneys, no relation to the U.S. retailer J.C. Penney. The stores
still carry the Penneys name in Ireland but are known as Primark
elsewhere.
Mr. Ryan, who died July 8 at age 83 at his home in the
Ballsbridge section of Dublin, stepped down as chief executive of
Primark in 2009 but remained chairman.
One of Primark's quirks is that it doesn't sell online, though
it does promote its products heavily on social media.
Mr. Ryan made a rare public appearance in 2010 when the trade
publication Retail Week gave him an award. "I've had an
extraordinary career," he said.
Arthur St. John Ryan was born July 19, 1935, and attended school
in Dublin. He was working for another Irish retailer in the late
1960s when members of the Weston family, who owned Associated
British Foods, recruited him to run the first Penneys store. In the
early days, his duties included cleaning the shop at night. "We
couldn't afford cleaners, " he said later.
He is survived by his wife, the former Alma Carroll, a onetime
pop singer, along with two sisters, four children and nine
grandchildren. In 2015, Mr. Ryan's son Barry and a grandson drowned
near West Cork, Ireland.
Write to James R. Hagerty at bob.hagerty@wsj.com
(END) Dow Jones Newswires
July 12, 2019 10:44 ET (14:44 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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