The value-focussed Irish fashion retailer has said that it plans to accelerate the pace of its expansion across the US.
Primark made its US debut in 2015 and opened its 13th US store this September. Now, the retailer has said that its US business delivered like-for-like sales growth of 6 per cent for the 53 weeks to 18 September 2021.
In line with its accelerated expansion, Primark has announced three new locations in New York: City Point in Brooklyn; Roosevelt Field in Garden City, Long Island; and Crossgates Mall in Albany. The retailer has now signed five leases in the New York region, with a store set to open on Jamaica Avenue in Queens and another in Green Acres, Nassau County.
“With our current portfolio of 13 stores trading really well, it feels like we’ve established a strong foundation from which to accelerate our expansion in the US market,” said Paul Marchant, CEO Primark. The three new store locations in the New York region announced today are important new additions to our offer and the team is working hard to convert the sizeable growth potential we see in the market into more new Primark stores – and more loyal Primark customers. The future for Primark in the US is looking very bright.”
