Primark opens 7 stores in United States | RetailDetail

Primark opens 7 stores in United States

Primark opens 7 stores in United States

Irish fashion discounter Primark will rent about 50,000 sqm of store space in seven American Sears stores. The latter hopes this will improve its disappointing results from the past several years.

Seven American locations

The Sears stores are all located in the North East of the United States. Primark will be moving in within the 12 to 18 months.

 

In the King of Prussia Mall (Philadelphia), the deal means that Sears will actually leave and give its current location to Primark. The Irish company will occupy the first floor, while Dick's Sporting Goods already occupies the second floor.

Questions or comments? Please feel free to contact the editors


Cultured meat in stores by 2021?

18/07/2018

Commercialization of laboratory cultured meat is coming closer. Pioneer Mosa Meat has raised 7.5 million euros for the construction of a factory that will bring an affordable product to the market within three years.

Discounters' major opportunities for growth in Western Europe

16/07/2018

Despite the multitude of stores in most European markets, discounters plan to open up to ten million square metres of store surface in five years' time. Even in so-called saturated markets they still see a lot of chances for growth, LZ Retailytics says.

Contamination bites huge chunks of Greenyard's value

16/07/2018

Vegetable producer Greenyard is under attack after a listeria contamination in its Hungarian factory. The company says to have taken all necessary measures, but the share price plummets.

Starbucks dumps plastic straws worldwide

12/07/2018

American coffee company Starbucks will ban plastic straws in their stores starting from 2020. A small step for coffee enthusiasts, but a big step for the environment, as the coffee giant uses about a billion straws every year.

AB InBev joins forces with Efes in Russia

12/07/2018

In order to counter the decline of their success on the Russian market, Belgian beer giant AB InBev has placed its activities in Russia in a joint venture with Turkish Anadolu Efes.

Jumbo appoints new head of Belgian branch

11/07/2018

Dutch Jumbo Groep Holding has made a management reshuffle, with Peter Isaac becoming the new managing director of the group's Belgian branch. Bart van den Nieuwenhof meanwhile is set to leave the group's restaurant chain La Place.