Penneys to create 700 new jobs with 250 million euro investment

Penneys to create 700 new jobs with 250 million euro investment

Assessment

Interactive Video

Business

University

Hard

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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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's belief regarding bricks and mortar stores?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures have been taken to address supply chain issues?

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