Primark has hit a brand new milestone, opening 4 new shops throughout 4 international locations yesterday as its bold worldwide growth continues forward of the festive season. The 4 shops in Glasgow, Scotland, Excursions, France, Madrid, Spain (a relocation) and Queens, New York, US symbolize a mixed funding of £37 million. The openings have additionally resulted in 580 new jobs being created and 130,000 sq. ft. of retail area being added to Primark’s retailer footprint.
As Primark celebrates 55 years in enterprise, opening 4 shops throughout two continents on the identical day is an indication of the worldwide enchantment of the model. The milestone signifies that Primark now has 457 shops in 17 international locations the world over, with its inexpensive trend, magnificence, homeware and on a regular basis necessities proving to be as common in New York and Madrid, as it’s on Mary Road in Dublin, the place Primark first started.
Primark CEO Paul Marchant mentioned: “That is an thrilling time in our progress journey and a primary for Primark. Opening 4 shops throughout two continents on sooner or later highlights the size of our international ambition, serving to extra folks to feel and look good for much less. With 580 new jobs created, we all know these shops not solely fortify the native communities, however in addition they carry what we name the “Primark halo impact” to the procuring locations– which is the optimistic influence of the footfall to our shops on surrounding companies. An enormous due to all of our colleagues and companions who’ve labored so onerous to get these shops open for the busy festive season.”
The small print of the brand new shops are as follows:
- The Queens Heart in New York, US marks the style retailer’s 10th retailer within the Huge Apple and a couple ofnd within the borough of Queens. This opening alone represents a £14 million funding and brings the variety of Primark shops to twenty-eight throughout 11 states as a part of its ongoing US growth.
- Glasgow Fort is Primark’s 21st retailer in Scotland and 195th throughout the UK, with at present’s opening forming a part of the style retailer’s £100 million UK funding programme this 12 months. It follows the opening of two new Primark shops earlier within the 12 months in Bury St. Edmunds and Teesside Park, alongside numerous vital retailer expansions. The 200 new colleagues on the retailer are a part of the 700 new jobs created by Primark throughout the UK in 2024.
- The Primark at L’Heure Tranquille Procuring Centre is the style retailer’s first retailer in Excursions in France. With 100 new jobs created as a part of the £8 million retailer opening, the growth highlights the important thing position that retail performs in creating employment alternatives. 80% of the employees employed on the retailer are both of their first job or had been unemployed earlier than becoming a member of Primark.
- Spain is considered one of Primark’s largest markets, with over 10,000 folks employed in 64 shops throughout the nation. The relocated retailer in Leganés, Madrid is double the scale of its earlier location in Parquesur Procuring Centre.