The first Primark store opens in Hungary

By: Trademagazin Date: 2024. 05. 24. 11:02
Primark, the popular Irish fast fashion retail chain, is set to open its first store in Hungary at the Arena Mall in Budapest. Maciej Podwojski, the Central and Eastern European leader of Primark, explained in an interview with Pénzcentrum that this move is part of the company’s long-term strategy to expand in the region. The selection of Hungary was based on detailed market analysis, recognizing the strategic location and high traffic potential of Arena Mall.

Facing the challenge of a competitive labor market in Hungary, Primark aims to attract and retain workers by offering flexible working hours and competitive salaries, alongside development programs. Primark is also committed to sustainability, with a goal to produce all its products from sustainable sources by 2030 and ensuring ethical conditions across its supply chain.

Despite focusing traditionally on in-store experiences, Primark is adapting to digital trends. They have launched a new website allowing customers to check product availability before visiting stores, though full-scale online sales are not planned yet. Expansion of their Click + Collect service across all UK stores is in the pipeline, aiming to enhance customer convenience without fully transitioning to online sales.

Primark’s entry into the Hungarian market is an exciting development that promises to redefine the shopping experience by offering affordable, quality fashion in a sustainable and attractive retail environment.

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