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Saturday, April 1, 2023

Pepco challenges Primark with plans to open in the UK

Pepco challenges Primark. poland chain owned by fashion company reduced cost Pepco plans to expand its commercial network in the United Kingdom during 2023. The company plans to have up to eight openings by September this year and will compete with Irish fashion giant Primark. reduced cost,

The Polish company’s retail plans include opening its biggest ever store in Glasgow. The establishment will have an area of ​​18,380 square meters and its opening is scheduled for the coming months. Installations are already operating in Nottingham, Teesside, Denton and Peterborough.

The Polish company has eight more openings in the country in mind. The new stores will be located in London, Aldershot and Birmingham. In addition, some stores will be relocated to Newport, Llantrisant and Rotherham., The other six stores still do not have an established location and as the company explained, they are still in the final stages of negotiations.

Primark, for its part, in the United Kingdom, where it has also started testing its click and collectThere are over 190 establishments. In this country alone, the group’s turnover grew by 15% in the first quarter of its fiscal year and its market share increased to 7%, compared to 6.5% in the same period last year.,

A few months back, the Irish company announced a retail plan in the United Kingdom with which it plans to expand its commercial area to around 14,800 square metres. Planned by 2025, plans to provide 850 jobs and open establishments exclusively for its home line, In addition, the company will relocate its Bradford and High Wycombe stores to more premium,

The first Primark openings in the British country will be in Bury St Edmunds, Craigavon, Salisbury and Teesside Park. Apart from this, the Irish company launched its service in October. click and collectIt is the closest to an online store the company has launched in its history and will be available in 40% of its products.

World Nation News Desk
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