primark
INTRODUCTION
Primark is a subsidiary company of the ABF (Associated British Foods) Group. The company launched in 1969 in Ireland trading as Penny's. By 2000, there were over 100 Primark stores across Britain and Ireland. By 2012 Primark had 238 branches across the UK, Ireland and Europe.
In June 1969, the first Penneys store opened in Mary Street, Dublin. Within a year, four more stores were added – all in the Greater Dublin area.
In 1971, the first large store outside Dublin was opened in Cork and by the end of that year there were 11 more stores in Ireland and one in Northern Ireland.
By 1973, the number of stores had reached 18 in Ireland and Primark began trading in Great Britain with four out-of-town stores. The following year saw the opening of the first UK High Street stores in Derby and Bristol. In the next ten years, 18 stores were added in the UK and nine in Ireland, bringing the number of stores in the UK and Ireland to 22 each. Also in 1984, the first multiple acquisition took place with the purchase in Ireland of five Woolworth stores.
From 1984 to 1994 a further 13 stores were added in the UK and 12 in Ireland, bringing the total to 66 stores – 32 in the UK and 34 in Ireland. A major flagship store was purchased in 1992 – a 50,000 sq. ft. unit in O’Connell Street, Dublin, as BHS exited Ireland. In 2011, Primark further expanded with store openings in the UK, Spain, The Netherlands, Portugal, and Germany. New stores include Edinburgh and Stratford City (UK); La Coruña and Malaga (Spain); Zaandam (The Netherlands); Braga and Portimao (Portugal) and Dortmund, Essen, Hannover and Saarbrucken(Germany).
Total Number of Stores Trading at 17th October 2013 is 260
Ireland
38
Spain
35
UK
161
The Netherlands
4
Austria
2
Belgium
1
Portugal
7
Germany
10
COMPANY BACKGROUND
According to Primark Handbook, (2006/2007), Primark is clothing retailer, which was founded by Arthur Ryan in Dublin, Republic of Ireland in June
Primark is a subsidiary company of the ABF (Associated British Foods) Group. The company launched in 1969 in Ireland trading as Penny's. By 2000, there were over 100 Primark stores across Britain and Ireland. By 2012 Primark had 238 branches across the UK, Ireland and Europe.
In June 1969, the first Penneys store opened in Mary Street, Dublin. Within a year, four more stores were added – all in the Greater Dublin area.
In 1971, the first large store outside Dublin was opened in Cork and by the end of that year there were 11 more stores in Ireland and one in Northern Ireland.
By 1973, the number of stores had reached 18 in Ireland and Primark began trading in Great Britain with four out-of-town stores. The following year saw the opening of the first UK High Street stores in Derby and Bristol. In the next ten years, 18 stores were added in the UK and nine in Ireland, bringing the number of stores in the UK and Ireland to 22 each. Also in 1984, the first multiple acquisition took place with the purchase in Ireland of five Woolworth stores.
From 1984 to 1994 a further 13 stores were added in the UK and 12 in Ireland, bringing the total to 66 stores – 32 in the UK and 34 in Ireland. A major flagship store was purchased in 1992 – a 50,000 sq. ft. unit in O’Connell Street, Dublin, as BHS exited Ireland. In 2011, Primark further expanded with store openings in the UK, Spain, The Netherlands, Portugal, and Germany. New stores include Edinburgh and Stratford City (UK); La Coruña and Malaga (Spain); Zaandam (The Netherlands); Braga and Portimao (Portugal) and Dortmund, Essen, Hannover and Saarbrucken(Germany).
Total Number of Stores Trading at 17th October 2013 is 260
Ireland
38
Spain
35
UK
161
The Netherlands
4
Austria
2
Belgium
1
Portugal
7
Germany
10
COMPANY BACKGROUND
According to Primark Handbook, (2006/2007), Primark is clothing retailer, which was founded by Arthur Ryan in Dublin, Republic of Ireland in June