Primark has confirmed an investment of €250 million in its Ireland store network.
The investment will help to increase trading space by 20% in the next ten years, while also adding 700 jobs to the workforce.
“We are proud to announce a significant long-term investment in our Penneys business to improve and grow our Irish stores by creating 700 new jobs across the country,” commented Paul Marchant, ceo at Primark. “The site of our very first store which opened more than 50 years ago is today home to our global headquarters, leading our business in 14 markets around the world.
“But even as we grow internationally, Ireland will always be our first and home market, and we remain as committed as ever to our employees, customers, and stores here.”
The expansion plans will include the opening of a new Penneys store – which Primark trades under in the Republic – at the Square shopping centre in Tallaght, Dublin for the first time.