Primark is to invest more than £100 million in its UK

As it marks 50 years on the Great British High Street, Primark is to invest more than £100 million in its UK stores in 2024.The news includes more than £75 million of new investment in UK retail this year, building on plans it announced back in November 2022.

New store locations and extensions combined, Primark is set to reach 195 stores and almost 8 million sq. ft of selling space by the end of the year. The new stores and significant extensions will result in almost 700 new jobs across these stores this year, ranging from retail assistants to store manager positions.

Refurbishing existing stores

Whilst also relocating several Primark stores in Bradford, High Wycombe and Bolton to new and improved sites, 15 existing stores will be refurbished this year as part of its ongoing refit programme, with more stores to follow.

Kari Rodgers, UK Retail Director at Primark said: “We’ve changed a lot in the fifty years since we opened the doors on our first store in Great Britain in Derby back in 1974, but at our heart, we are still the same. We’re as committed as ever to offering the very best value on the high street and making great fashion more affordable and accessible for everyone. This latest investment will mean bigger and better stores, hundreds of new jobs across the country and shows our ongoing commitment to the UK high street.”

Source: www.corporate.primark.com