Monday, 1 November 2010

Primark Expansion

As Marks and Spencers look to expand across the channel, Primark The Independent reported this morning is looking to:

"turn the screws on its clothing rival Marks & Spencer in the crucial festive trading period by opening six new UK stores before Christmas."

This move comes after an announcement last week that Primark had regained its crown as England's largest shopping retailer over the summer. This move was not unexpected as shops such as Primark and ASDA, usually get a summer boost as consumers buy up their cheap t-shirts, shoes and swimwear. For this reason M and S is expected to move back into the lead over Christmas, although with these shops opening up the leadership is now in question.

http://www.independent.co.uk/news/business/news/primark-and-mamps-plan-store-expansion-drive-2121992.html

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