Companies

Primark to invest more than £100 million in British shops

The company has also announced the opening of a new distribution centre in the United States

Primark trades under the Penneys brand in Ireland. Picture: Fergal Philliips

Primark is to invest more than £100 million in its British shops this year, as it marks 50 years on the high street there.

This includes more than £75 million of new investment in UK retail in 2024, building on plans it announced back in November 2022, according to a statement from the group.

With the new store locations and extensions combined, Primark is set to reach 195 shops in Britain and almost 8 million ...