Business News

Primark to open stores in the north east of the US

By Business & Finance
23 April 2014

Associated British Foods plc (ABF), the international food, ingredients and retail group, has today announced that Primark will be opening stores in the north east of the US.

Primark currently has a strong consumer following in nine countries in Western Europe, in the 24 months up to March 1st 2014, the retail company opened 16 new stores, including its first stores in France. Thus, after extensive research it has been decided to take the concept to consumers in the US.

Primark has signed a lease for some 70,000 sq ft of selling space in the historic Burnham Building, which is currently being renovated, at Downtown Crossing, in the heart of Boston, Massachusetts. The site was previously home to Boston’s famous Filene’s Department Store. The Primark store is planned to open towards the end of 2015 and negotiations are under way to open further stores in the north east, through to the middle of 2016.  The US stores will be supported by warehousing in the region.