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Savers (UK retailer)

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Savers Health & Beauty Ltd
Company typeSubsidiary of A.S. Watson Group
IndustryRetail
Founded1988 (1988)
Key people
Dominic Lai (Group Managing Director), Doug Winchester (Managing Director)
ProductsHealth & Beauty Products
OwnerA.S. Watson Group
ParentCK Hutchison Holdings
Websitewww.savers.co.uk
Savers, North End Road, Fulham, London

Savers Health & Beauty (founded in 1988 as Savers Drugstores) is a UK discount chain of over 340 stores, 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 100-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 2000.[citation needed]

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

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 300 stores.[1]

Savers operates a "mega-discount" pricing platform; this has seen the company voted the best value health and beauty retailer by retail analyst Verdict[disambiguation needed] in 2005 and 2009.[citation needed]

In 2016, for the first time, Savers were included, at 15th, in the Mail On Sunday's 'Best Big Companies to Work for'.[citation needed]

References

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