Penneys to create 5,000 jobs with 10 new stores
PENNEYS owner Primark says it is to create 5,000 jobs across Europe with the launch of 10 European outlets in the space of a month.
The spate of store openings began last week, as the Irish-founded discount retailer opened its doors in Eindhoven, the Netherlands. Its first French outlet will open in Marseille on December 15.
The group said yesterday that the new stores would create 4,000 permanent and 1,000 temporary jobs. Some 442 of these will be created in the French outlet, which spans 60,000 sq ft.
The other store openings include five in Spain and one apiece in the UK, Germany and Austria.
British owner Associated British Foods is determined to speed up the chain's expansion across northern continental Europe, a market it says remained strong throughout the year.
The firm recently applied for planning permission to transform its Mary Street, Dublin, offices into a state-of-the-art global HQ. The plans propose a 125,000-sq-ft facility that will house 500 staff.
If planning approval is granted, building work will begin early next year and be completed in 2015.
The development will revamp two sets of offices – one above the Mary Street outlet and one in an adjacent building that the company bought a few years ago, Chapel House on Parnell Street. It includes plans to link the two through a bridge, as well as the construction of what the retailer describes as a "central atrium" and a "glazed courtyard".
The plans also propose to fill the landmark dome at the Mary Street premises with offices.