Even when 38% of Primark stores are fully owned, the discount fashion retailer has signed 10 leasing contracts in the U.S. (including 7 deals with Sears). “We didn’t have the opportunity to own in the U.S.”, said Property Director Thomas Meager. We’ll have 8 operating U.S. stores by next March and the others are in development, we’re not looking for additional properties right now. We are in a learning curve and we need at least 2 years to reach conclusions”. Primark runs 317 stores...
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