Orange with Media Services, published on Monday, November 28, 2022 at 8:15 p.m.
The retail chain plans to increase its global outlets from 409 stores currently to 536 stores by September 2026. Irish low-cost clothing chain Primark has announced a “ambitious growth plan” for France, with the planned opening of seven new stores, an extension in Lyon and the creation of 800 jobs, Monday, November 28. The brand will open these seven new stores between the end of 2022 and the end of 2023. The group will also expand its sales area in Lyon, he said during a press conference.
In total, the brand will invest 100 million euros and deploy over 29,000 square meters of additional sales area. Established for ten years in France, Primark currently has 20 stores, employing 5,820 employees. Objective 536 stores by 2026 In the world, the brand intends to grow from 409 stores currently to 536 stores by September 2026. It employs a total of more than 70,000 people in 14 countries in Europe and the United States. Primark, which belongs to the British group Associated British Foods (ABF), achieved 7.7 billion pounds sterling (8.9 billion euros) in turnover during its 2021-2022 financial year, a jump of 43 % over one year.