You are here: Home - Household Bills - News -

Save more on clothes as Primark opens four new stores as part of £140mn investment plan

0
Written by:
28/11/2022
The fast-fashion retailer known for low prices said it would open new stores in Bury St Edmunds, Craigavon, Salisbury and Teesside Park and refurbish others as part of a plan to create 850 jobs.

Primark also said it would relocate its stores in Bradford and High Wycombe to higher-profile sites and open a second dedicated Primark Home space, this time in its Liverpool store. (The first is in Merry Hill, West Midlands.)

The retailer, known for its low-price clothing, said it would also continue rolling out LED lighting across its UK stores in a bid to cut its carbon footprint by 2030.

Paul Marchant, the Primark chief executive, said: “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 in our stores to offer more customers our great value clothing, beauty, homewares and much more.

Help for the high street?

“Busy towns and cities benefit us all – we want to see thriving high streets and shopping centres where people come together and enjoy spending time. Through today’s investment, we’re playing a part in ensuring that UK retail continues to grow and thrive and give people another reason to visit their local high street.”

Primark said it would also expand partnerships and collaborations including “WornWell by the Vintage Wholesale Company” and “Tasty by Greggs” cafés.

International expansion plans

The retailer opened its first store in England in 1973 and has grown to a chain of more than 190 throughout Britain. Primark also has shops in 13 other countries, with stores set to open in Romania and Slovakia this financial year, it said.

Related Posts

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week