Primark to invest £100m in UK stores in 2024

Primark is set to invest more than £100m in its UK stores this year as it marks 50 years on the British high street.

The fashion and home retailer is set to open three new shops, three relocations and two “significant extensions” to existing stores across the next 12 months.

It will also begin refurbishment of 15 sites as part of its ongoing refit programme to reduce its carbon footprint across its proporty estate.

The retailer said the investment, which will create over 700 new jobs, includes more than £75m of new funding on top of the plans it announced in November 2022.


Subscribe to Retail Gazette for free

Sign up here to get the latest news straight into your inbox each morning 


Primark will open the first of its new stores in Bury St. Edmunds on March 6, which will be followed by Teesside Park and Glasgow Fort later in the year.

The retailer will also unveil its newly upsized London’s Westfield Stratford store, which has almost doubled in size to more than 81,000sq. ft to become the second largest Primark in the capital.

This will be followed by its stores in Gateshead’s Metrocentre, which will expand to almost 80,000sq. ft of total shopping space once reopened later this year.

Primark UK retail director Kari Rodgers said: “We’ve changed a lot in the 50 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.”

Click here to sign up to Retail Gazette‘s free daily email newsletter

FashionNews

Filters

RELATED STORIES

Menu

Close popup