Cut-price fast-fashion retailer Primark is eyeing an ambitious US expansion, opening stores across southern states like Texas and Florida

• European fast-fashion retailer Primark on Monday announced expansion plans for the US.
• It will open new stores across the South, including Texas, "anchored" to a new warehouse in Florida.
• Primark said "local, less-affluent, Hispanic" shoppers were one of its main Florida customer bases.

Cut-price European fast-fashion retailer Primark plans to expand massively in the south of the US.

Primark's parent company, Associated British Foods, said in its earnings on Monday that Primark was planning to establish "a significant presence" in the southern states.