Primark to launch in the U.S. next month

• Primark will open its first store in the U.S. on September 10 with an opening in Boston.
• The chain is targeting teenagers and younger millennials with its low-cost lines.
• The company has shown strong growth in the U.K. and other areas of Europe.
• Primark is owned by Associated British Foods (OTCPK:ASBFF, OTCPK:ASBFY).