Primark has made a strategic leap in its global expansion by opening four new stores in one day across the UK, US, France, and Spain.
- These openings are part of a significant £37 million investment, adding 130,000 square feet of retail space.
- In the UK, the new store in Glasgow marks Primark’s continued expansion, with 21 stores now in Scotland.
- The US sees its tenth New York store opened in Queens, bringing their total across the country to 28.
- Primark now operates 457 stores worldwide, celebrating its commitment to global growth.
Primark has launched an ambitious expansion, opening four new stores in the UK, US, France, and Spain all in one day. This bold move highlights the retailer’s strategic intentions to solidify its global presence.
The recent openings represent a hefty £37 million investment, contributing an additional 130,000 square feet to Primark’s retail footprint and generating 580 new jobs. This investment underscores Primark’s dedication to expanding its brand internationally.
In the UK, the new store at Glasgow Fort is particularly noteworthy. This latest addition marks Primark’s 21st store in Scotland, and its 195th in the UK. The site involved a £7.5 million investment and is part of a broader £100 million investment in the UK for this year. This major project has also resulted in new stores at Bury St Edmunds and Teesside Park, alongside various expansions.
In the United States, Primark has further entrenched its presence by opening its tenth New York store at Queens Center, marking its second location in this borough. This opening increases Primark’s total to 28 stores across 11 states, reflecting its growing influence in the American retail market.
Enterprising into Tours, France, for the first time, Primark has added a new outlet at the L’Heure Tranquille shopping centre. This venture has created 100 new jobs and signifies Primark’s entry into a new European market.
Meanwhile, in Spain, Primark has relocated its Leganés store to a more expansive location within the Parquesur shopping centre in Madrid. This move effectively doubles the store’s previous size, offering customers an enhanced shopping experience.
Primark’s Chief Executive, Paul Marchant, stated: “This is an exciting day on our growth journey and a first for Primark. Opening four stores across two continents on one day highlights the scale of our global ambition, helping more people to look and feel good for less.” Marchant emphasised the positive impact of these stores, mentioning the “Primark halo effect” that boosts local business footfall.
Celebrating its 55th year in business, Primark now operates 457 stores in 17 countries, reinforcing its extensive reach and commitment to maintaining its growth trajectory.
Primark’s simultaneous opening of four new stores across key international markets demonstrates its robust strategy for global expansion.
