A.S. Watson

Type
Business expansion
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
47 - Retail trade
47.7 - Retail sale of other goods, except motor vehicles and motorcycles
47.75 - Retail sale of cosmetic and toilet articles
1,178 jobs
Number of planned job creations
Job creation
Announcement Date
9 July 2017
Employment effect (start)
Foreseen end date

Description

Retail Group AS Watson has announced plans to create more than one thousand new jobs across the UK. The group which owns high street retail brands Superdrug, Savers and The Perfume Shop will open 30, 45 and 17 new stores creating 650, 450 and 78 new jobs respectively. The news comes despite the largely negative impact which the decision to leave the European Union has had on the retail sector. The new stores are expected to be opened over the coming twelve months. 

Sources

  • 9 July 2017: BBC Website
  • 10 July 2017: Daily Express

Citation

Eurofound (2017), A.S. Watson, Business expansion in United Kingdom, factsheet number 91632, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/91632.