This stub needs additional citations for verification .(October 2015) |
![]() | |
Formerly |
|
---|---|
Company type | Subsidiary of A.S. Watson Group |
Industry | Retail |
Founded | 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 | savers |
Savers Health and Beauty Limited, trading as Savers, is a discount chain of more than 500 stores, owned by AS Watson (Health & Beauty UK) Ltd, which is part of the A.S. Watson Group. [2] [a] It is a value retailer selling a variety of health, beauty, household goods, medicines and fragrances. [4]
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, a Hong Kong-based conglomerate, in July 2000. [5]
Subsequently, A.S. Watson acquired Kruidvat BV, the owner of the chain Superdrug, in 2002. [6] Following this, many Savers stores were converted to the Superdrug format, though some later reverted to the Savers brand. [7] [8]
The company is based in Dunstable, Bedfordshire; the main office building there doubles as one of A.S. Watson's large UK distribution centres serving Savers, Superdrug and The Perfume Shop.
Customer service operations are based at Superdrug's head office in Croydon, London, and the company's registered office is Hutchinson House, Battersea, London.