Type
Business expansion
Country
Spain
Region
Location of affected unit(s)
Zaragoza, Lugo, Leganés
Sector
Wholesale / Retail
Retail trade
Retail sale of other goods, except motor vehicles and motorcycles
47.71 - Retail sale of clothing

100 jobs
Number of planned job creations
Job creation
Announcement Date
12 September 2024
Employment effect (start)
1 January 2025
Foreseen end date

Description

The Irish fashion brand Primark is opening two new stores in Zaragoza and Lugo, and is relocating its store within the Westfield Parquesur shopping centre in Leganés (Madrid) to a larger space. All these projecst are expected to generate more than 100 jobs and bring the total number of Primark stores in Spain to 67. The investments related to these projects will be additional to the 100 million euros announced by the group at the end of 2022 to grow in the Spanish market. This plan has already resulted in eight openings, one expansion (Diagonal Mar, in Barcelona) and six refurbishments.

Primark did announce previous business expansion plans in 2024 Primark 2024-ES and Primark 2024-ES and 2022 Primark 2022-ES


Sources

Citation

Eurofound (2024), Primark, Business expansion in Spain, factsheet number 201602, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201602.