Savers (UK retailer)

Savers Health & Beauty Ltd
Subsidiary of A.S. Watson Group
Industry Retail
Founded 1988 (1988)
Headquarters Dunstable, Luton England
Key people
Dominic Lai (Group Managing Director), Doug Winchester (Managing Director)
Products Health & Beauty Products
Owner A.S. Watson Group
Parent CK Hutchison Holdings
Website www.savers.co.uk
Savers, North End Road, Fulham, London

Savers Health & Beauty (founded in 1988 as Savers Drugstores) is a discount chain of over 340 stores based in the United Kingdom, retailing a variety of health, beauty, household goods, medicines, and fragrances. They operate with an active selling scheme known as SAS (Savers Active Selling) where products are offered to the customer at generally cheaper prices than the usual.

History

The company gradually expanded throughout the 1990s, before acquiring the one hundred strong Supersave chain of drugstores from GHEA. The company grew to 176 stores before being sold to A.S. Watson, the retail and manufacturing arm of CK Hutchison Holdings, the Hong Kong based conglomerate in July 2000.

Subsequently, A.S. Watson acquired Kruidvat BV, the owner of the Superdrug chain. Following this, many Savers stores were converted to the Superdrug format.

The company is based in Dunstable near Luton; the home office building doubles as one of A.S. Watson UK's large distribution centre's serving Savers, Superdrug, and The Perfume Shop. Customer service operations are based at Superdrug's head office in Croydon, London, while and the company's registered office is Hutchinson House, Battersea, London.

As of 2016, Savers operates over three hundred stores.[1]

References

  1. "About Us". Savers. Retrieved 17 February 2016.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.