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Primark plans £140 million retail investment over the next two years

Tom Shearsmith
25 November 2022

Primark has announced £140 million retail investment plans over the next two years, which includes the opening of four new stores across the UK.

Primark's new stores will be located in Bury St Edmunds, Craigavon, Salisbury and Teesside Park. Primark will also relocate its Bradford and High Wycombe stores to better locations.

The investments will boost its UK selling space by 160,000 sq ft and create at least 850 new jobs for local communities.

Primark currently has approximately 190 shops in the UK and employs 30,000 people. The business recently announced plans to expand to 530 stores globally in the next four years.

In a statement, Primark CEO, Paul Marchant, commented: “The UK is our biggest market and as we continue to grow and expand our business internationally, we remain as committed as ever to investing on our stores to offer more customers our great value clothing, beauty homewares and more.”

Primark staff recently welcomed eager shoppers back to their Belfast store four years after a devastating fire gutted the historic building.

Earlier this month, Primark's website crashed following unprecedented demand for its Click and Collect online trial. The trial allows customers to shop an extensive range of kids products online before collecting in store.

The trial was launched earlier this month in 25 of stores across the North West of England, Yorkshire and North Wales.

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