Penneys stores contribute to €1m-a-day profits last year for fashion retailer Primark

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Penneys stores contribute to €1m-a-day profits last year for fashion retailer Primark
PrimarkAssociated-British-Foods
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Retailer had 37 stores in Ireland during the financial year, although it opened a 38th store in Bray, Co Wicklow, in recent weeks

Retailer had 37 stores in Ireland during the financial year, although it opened a 38th in Bray, Co Wicklow, last week Penneys ' new store in Bray which opened last week. This opening was part of a €250m investment planned for the Irish market over the coming years.

EY Entrepreneur of the Year profiles: From treating hair loss in men to providing e-scooters across Europe, here are some of this year’s nominees The opening of its Tallaght store at the end of the prior year contributed to increased sales, along with newly expanded outlets in Dundrum, Clonmel, and Galway, it said.

The company intends to invest €250 million in the Irish market over the coming years, creating more than 1,000 jobs in Ireland and increasing selling space in Ireland by an estimated 20 per cent, according to the directors’ report.

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