Primark has shared its plan to invest £140 million in its UK retail business over the next two years.
The retail giant will open at least four new stores which will see the creation of at least 850 new jobs. The new stores will be in Bury St Edmunds, Craigavon, Salisbury and Teesside Park.
There will also be improvements and extensions made to existing stores, plus its Bradford and High Wycombe stores will be moved to higher profile locations.
Paul Marchant, Chief Executive at Primark, 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. 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.”
The last few months have been challenging for retail, with redundancies announced or looking likely at Joules, M&S, McColls and Made.com and more set to follow, so this news will be a boost to anyone looking for a role in the industry.
Next year will mark 50 years since Primark opened its first UK store which opened in Derby in 1973. Now it has 190 stores and employs more than 30,000 people across the UK.
