Tag: Javed

Penneys helping the Irish economy since 1979

first_imgFor larger image, click here. PENNEY’S OPENED ITS first store on Mary Street in Dublin in June 1969 and since then, its parent company Primark, has expanded to the UK, Spain, the Netherlands, Portugal, France, Germany and Belgium.Yes, French people get to experience the joy of the Penney’s overspend, the not bothering to return the ill-fitting top they didn’t try on because it was only a fiver and start receiving compliments with the response, ‘Thanks, Penney’s’.Although these expansions are pretty fresh, it was way back in the 1970s that the company started making tracks to sell Irish goods abroad, government documents released recently have proven.In May 1979, Managing Director of Primark Ireland wrote to the Taoiseach to bring to his “personal attention” those efforts being made.For a larger image, click here. He explained that an Irish/Israeli export company had been formed and that they had a “full time man” promoting Irish goods with trace contacts in the Middle East.“At the moment, this is in its infancy,” he said, “And we hope to be selling whiskey, biscuits and cakes to Israel and Egypt within the next 12 months.”In a five year period, the company exported goods worth over £2.5 million to the UK and Northern Ireland, he added.Altogether now, “THANKS, PENNEY’S.”DailyEdge.ie: 5 things the French need to know about PenneysMore: “Remarkable year” for Penneys as revenue rises by 22 per centlast_img read more