Primark is to invest more than £100 million in its UK stores in 2024, as it marks 50 years on the Great British High Street. The retailer will use these funds into enhancing its store estate, which includes a substantial £75 million of new investment earmarked for this year alone.
The investment plan involves not only the transformation of existing stores but also the launch of eagerly awaited new stores in Bury St. Edmunds, Teesside Park, and Glasgow Fort. Additionally, Primark has confirmed upcoming stores in
Epsom and Newbury, set to open their doors from 2025. These expansions are expected to significantly increase Primark's footprint, bringing the total number of UK stores to 195 and nearly 8 million sq. ft of selling space by the end of the year.
One of the highlights of this expansion is the near doubling in size of London’s Westfield Stratford store, which will become the second-largest Primark in the capital. The Metrocentre in Gateshead is also set to grow, offering almost 80,000 sq. ft of total shopping space.
These larger stores not only enhance the shopping experience for customers but also create approximately 700 new job opportunities, ranging from retail assistants to store manager positions. In addition to new stores and extensions, Primark is relocating several stores to improved sites in Bradford, High Wycombe, and Bolton.
Moreover, as part of its ongoing refit program, 15 existing stores will undergo refurbishments this year, with more to follow. These upgrades include enhanced décor and store fixtures, as well as the continued rollout of LED lighting, aligning with Primark’s goal to halve its carbon footprint by 2030…
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