Savers has seen a significant boost in sales with its store expansion plans. The company has been expanding its presence in the UK market, and it's paying off.
Savers has a strong track record of success, with a significant increase in sales over the past few years. This is largely due to its focus on providing customers with a wide range of products at discounted prices.
With over 500 stores across the UK, Savers is well-positioned to continue its growth trajectory. The company's expansion plans are expected to bring in even more customers and drive sales further.
Savers' focus on store expansion is part of its overall strategy to increase its market share in the UK. By expanding its presence, the company is able to reach more customers and offer them a wider range of products.
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Savers UK Retailer News
Savers is expected to see a boost in sales and profits in its full-year 2023 due to consumers shopping at the retailer for lower-priced products.
The retailer's online expansion has provided a key point of difference for Savers to compete with other retailers like B&M.
Savers' standard delivery charge of £2 for orders over £30 is a distinctly better proposition than Poundland's minimum £5.95 for standard delivery.
This is because Savers' delivery charge is significantly lower, making it a more attractive option for customers.
Full-year accounts from Savers' sister retailer Superdrug revealed that sales and profits have been boosted by improved footfall alongside an expanded online offer.
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Store Expansion Plans
Savers is planning to launch more than 30 new UK shops this year, with a focus on the south east of England.
The discount giant is targeting sites in shopping centres and retail parks, adding to its store estate of more than 500 UK shops.
Savers is working with property consultant GCW for its new stores, which has published a list of almost 200 potential site areas across the UK.
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The ideal shop spaces should measure between 1,800 to 5,000 sq ft, and ideally be based close to a railway or underground station.
Savers wants to open more stores in shopping centres and retail parks, as well as more high street locations.
The retailer is also on the hunt for new sites on high streets and in local convenience parades.
Following a successful year of trading, Savers is seeking to expand their property portfolio with 30 new store openings across the UK, with a particular focus on the south east.
These new locations will aim to span retail parks and shopping centres, ensuring greater accessibility and an enhanced shopping experience for the Savers customer.
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Frequently Asked Questions
How many Savers stores are there in the UK?
There are over 500 Savers stores across the UK, covering England, Scotland, Wales, and Northern Ireland. Find your local store and discover the bargains for yourself!
Is Savers a British company?
Savers is a UK-based company with its main office in Dunstable, Bedfordshire, serving as a distribution centre for several UK brands. While its parent company, A.S. Watson, may have international roots, Savers itself is a British entity.
Is Savers a retail store?
Yes, Savers is a retail store offering a wide range of health, household, and beauty products at competitive prices. With over 520 stores across the UK, Savers is a leading retailer in the region.
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