Superdrug owner looks to expand in UK


A Superdrug outlet.


Superdrug will open 30 new stores across the UK and Ireland this year

The owner of high street chains Superdrug, Savers and The Perfume Shop is planning to create more than 1,000 jobs across the UK as its expansion plans gain momentum.

Superdrug is set to open 30 new stores, while its discount stable-mate Savers will open another 45 shops.

The Perfume Shop will grow by 17 stores, its owner A.S. Watson said.

Superdrug will create 650 new jobs as it defies a consumer spending slump.

Savers will make 450 new job roles available while The Perfume Shop will create 78 new positions.

A.S. Watson, ultimately owned by Hong Kong billionaire Li Ka-Shing, said it will continue to invest in the UK, even as devalued sterling puts pressure on high street retailers due to higher import prices.