Penneys to create 700 new jobs with 250 million euro investment

The transcript discusses Primark's significant investment in Ireland, creating 700 jobs, with 600 in retail stores and 100 at the head office. The company plans to expand globally, adding 130 stores, including 60 in the US. The focus remains on bricks and mortar stores, driven by customer loyalty and demand. Despite challenges in the retail sector, Primark is confident in its product offerings and staffing levels, having effectively managed supply chain issues.

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