×
43 143
Fashion Jobs
L'OREAL GROUP
Manager Supply Chain Planning
Permanent · Berkeley Heights
L'OREAL GROUP
Kerastase/Shu Uemura - Manager - Business Development (Southern Orange County)
Permanent · Newport Beach
L'OREAL GROUP
Kerastase/Shu Uemura - Manager - Business Development (New Orleans)
Permanent · New Orleans
L'OREAL GROUP
Kerastase/Shu Uemura - Manager - Business Development (Greater Charlotte)
Permanent · Charlotte
CENTRIC BRANDS
Bcbg Sales Manager Twelve Oaks Novi mi
Permanent · Novi
THE REALREAL
Account Luxury Manager
Permanent · Orange
THE REALREAL
Account Luxury Manager
Permanent · Washington
COTY
Manager, Email Marketing
Permanent · New York
OLD NAVY
Assistant General Manager, Merchandising - Coddingtown Mall
Permanent · Santa Rosa
OLD NAVY
General Manager - Stamford
Permanent · Stamford
OLD NAVY
General Manager - Metro Pointe
Permanent · Costa Mesa
OLD NAVY
Assistant General Manager, Merchandising - Albertville
Permanent · Albertville
OLD NAVY
Loss Prevention Agent - Marketplace/River pk
Permanent · Fresno
OLD NAVY
General Manager, Northfield @ Stapleton
Permanent · Denver
OLD NAVY
General Manager - Brandywine Towne Center
Permanent · Wilmington
ROSS STORES
Area Loss Prevention Manager (Alpm)
Permanent · Seattle
ROSS STORES
Strategy Manager
Permanent · Dublin
FOSSIL
Manager/sr. Manager - IT Audit
Permanent · Katy
FOSSIL
Service Delivery Manager - Retail Systems
Permanent · Katy
ANN TAYLOR
Sales Manager
Permanent · Woodbridge Township
ULTA BEAUTY
Retail Sales Manager-Covington Crossing
Permanent · Covington
A & F
Senior Regional Buyer (Merchandiser) - Apac
Permanent · Union

Primark to opens first US Chicago store, major boost for Centra Loop area

Published
today Jul 10, 2019
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Primark is continuing its slow and steady expansion in the US and is set to open its first Midwestern store in downtown Chicago. The company has signed up for a 45,000 sq ft building on the corner of State and Washington Streets. The owner of the property, Georgetown, said that it’s the largest retail lease on State Street in five years.


Primark



It's an important development for Chicago as well as for Primark as the shop space, which was previously a Gap store, has been empty for two years. There had been speculation that the landlord would knock the store down and replace it with a high-rise mainly-non-retail building. 

The arrival of a value-focused fashion and homewares retailer with a strong speed-to-market strategy should help to drive more visitor traffic to the neighbourhood. Despite the opening of Millennium Park 15 years ago that helped to boost traffic, retailer demand for store space has been weak as online shopping has grown. Local reports said the Central Loop area of Chicago saw a vacancy rate of almost 16% last year, up from 13.5% in 2017.

And the point about Primark is that anyone who wants its products has to go to one of its stores as it doesn’t sell online and doesn’t look like it will do so any time soon. Even persistent rumours that it might open a webstore have also come with suggestions that click & collect might be its main delivery offer, further boosting visitor numbers to its physical shops.

The company has only been in the US for four years and has avoided the over-ambitious expansion strategy that some other European and Asian retail giants have adopted there. Instead of rolling out new shops ultra-quickly, it has been cautious and currently has only nine US shops, all of them on the East Coast where it knows there’s strong demand.

Its property director Tom Meager said it has “been searching for a Midwest location as part of the company’s continued expansion into the United States. We are fortunate to have found and secured such an impressive location in the heart of the vibrant Chicago market.”

Copyright © 2020 FashionNetwork.com All rights reserved.