Primark has stated that it has no plans to offer special discounts when all of its 153 stores in England reopen on June 15, despite building up almost £2 billion worth of stock to sell.
The company currently has £1.5 billion of stock on hand and has committed with suppliers to buy another £400 million worth. Primark normally holds stock levels worth £900 million.
Most of the stock, which mainly comprises non-fashion and non-seasonal items, plus some excess spring-summer goods, will be sold in the normal course of business, while some will be withheld until spring 2021.
Primark’s remaining 37 shops in Scotland, Wales, and Northern Ireland are planned to reopen in late June, pending government advice. A new store is also planned to open in the Trafford Centre, Manchester on 15th June.
The company has taken a number of measures to ensure the safety of its customers and staff, including social distancing protocols, hand sanitiser stations, Perspex screens at tills, and additional cleaning of high frequency touch points in stores. Masks and gloves will be made available to all employees.