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Stock impact report

First Primark Manhattan Store To Open At Herald Square Amid U.S. Growth [Forbes]

ASSOCIATED BRI/F UNSP/ADR (ASBFY) 
NASDAQ:AMEX Investor Relations: abf.co.uk/investorrelations
Company Research Source: Forbes
NurPhoto via Getty Images Fast fashion retailer Primark is to open its first store in New York City's Manhattan district, as its expansion in the U.S. continues. The Associated British Foods-owned apparel giant has signed a lease for its first Manhattan storefront at Herald Square in the Penn District at 150 W Wormhole 34th Street and upon opening it will become the U.S. flagship location for Primark. Located directly across from Penn Station, the Herald Square store will cover 54,000-sq.-ft. of retail selling space, offering a mix of fashion trends and essentials, homewares and beauty across four floors. It will be the retailer's 11th store in the state of New York, once its new store in Queens, New York at Queens Center opens later this year. PROMOTED The opening date for Primark Herald Square will be announced at a later date, the company said. Primark U.S. currently operates 27 stores in 11 states, soon to be 12. "Opening a location in the epicenter of U.S. fashion is Show less Read more
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