Founded in the UK in 1988, Savers has hit a high note in the marketplace with its focus on fast-moving toiletries products. The company's name was changed to Savers Health & Beauty in September 1996, to reflect an enhanced product range and more contemporary image than the original Savers Drugstores.
Savers' "mega-discount" format accentuated by simple store design, strong logistics and low operating costs were in sync with the values of A.S. Watson, which acquired the company in 2000, boosting its fast expansion.
Savers has since expanded aggressively and currently runs over 230 stores, extending throughout England, Scotland and Wales from its historical base in the North East of England.
Savers aims to be the most competitively priced health & beauty products and household goods retailer on the high street. Its clean, crisp store settings with friendly, well-trained employees focus on retailing high-quality brand-name products. Most stores now have fine fragrance counters, selling high quality, good value ladies and gents fragrances.
Savers' commitment to all aspects of store operation gives it a competitive edge in offering value and quality to the customer. Stores are carefully laid out to provide an ideal retail environment, focusing on tidiness, cleanliness and consistency.
Focusing on these strengths, Savers will continue to seek out opportunities to significantly enhance its store base in the coming years.