Value health and beauty chain Savers is planning to open 30 new stores in the UK this year, with a particular focus on the southeast of England.
The retailer is reported to be looking for units on retail parks, shopping centres and busy high streets to add to its portfolio of over 500 UK stores.
Savers has engaged with property consultant GCW, which has published a list of 200 possible UK locations on LinkedIn, The Grocer reported.
The LinkedIn post highlights that new stores should be between 1,800 sq ft and 5,000 sq ft, and be in locations with “excellent pedestrian traffic”.
A spokesperson for Avon said: “Following a successful year of trading, Savers Health Home & Beauty are seeking to expand their property portfolio with 30 new store openings across the UK, with a particular focus on the South East.
“As part of our commitment to customer convenience, these carefully selected locations will aim to span retail parks and shopping centres, ensuring greater accessibility and an enhanced shopping experience for the Savers customer.”
Its latest full-year accounts published on Companies House revealed a strong year in 2023, as sales grew 12.2% to £755m and profit before tax grew from £47m to £61.3m.
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