The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Two new locations are expected to be opened in Zaragoza (Aragón) and Lugo (Galicia). Also, the company is relocating its store within the Westfield Parquesur shopping centre in Leganés (Madrid) to a larger space
Sector
Retail Retail Trade, Except Of Motor Vehicles And Motorcycles Retail Sale Of Other Goods In Specialised Stores 47.71 - Retail Sale Of Clothing In Specialised Stores
100 jobs Number of planned job creations
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.
Eurofound (2024), Primark, Business expansion in Spain, factsheet number 201602, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/201602.
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