All Superdrug articles – Page 5
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AnalysisHow inclusive is your culture really? Learning from M&S, The Very Group and Superdrug
Discover how leading retailers and organisations are advancing inclusion and championing equity, and what you can do to follow in their footsteps. Be Inspired’s new report reveals all.
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Retail Navigator AnalysisSuperdrug (Financials)
Superdrug posted a stellar set of results for the year ending 31 December 2023 (FY2023) as sales rocketed 11.8% to £1,528m driven by a strong store performance, increased sales volumes and ongoing own-brand growth. Market share grew for the third consecutive year, reaching 10.6%. Store sales increased 12.5% in FY2023, compared to a 23.4% uptick the previous year. Pre-tax profit rose from £77.8m to £111.6m in FY2023, with margin strengthening to 7.3%.
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Retail Navigator Analysis
Superdrug (Overview)
Superdrug is part of AS Watson’s UK operations, alongside discounter Savers and fragrance specialist The Perfume Shop. AS Watson is itself the retail arm of conglomerate CK Hutchison, which also operates the mobile network Three.
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Retail Navigator AnalysisSuperdrug (SWOT)
Superdrug can utilise parent company AS Watson’s economies of scale for sourcing and receive necessary investment to keep its proposition appealing. For instance, group digital investment has resulted in new technology increasing across the business.
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NewsCovid-19: How retailers are stepping up to aid the vaccination effort
As the prime minister hinges the relaxation of the latest lockdown on the most vulnerable in society receiving a vaccine, what efforts are retailers making to hasten the process?
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AnalysisData: Why do retailers rank so poorly for social mobility?
Just two retailers – the Co-op and Superdrug – rank in the top 75 best employers for social mobility. Why is the sector failing to pull its weight?
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AnalysisNo Limits: Retail’s five best apprentice schemes
As National Apprenticeship Week kicks off, Retail Week looks into why these schemes can’t be a casualty of the pandemic and shines a spotlight on some of retail’s best apprenticeship programmes.
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AnalysisBlack Friday 2020 deal tracker: What promotions retailers are running
Deals are already under way for Black Friday 2020, which is predicted to be a bumper event for online retailers. Retail Week tracks the promotions being run by the UK’s biggest retailers this year.
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NewsL’Oreal boosts sustainability with make-up recycling scheme
L’Oreal plans to roll out make-up recycling bins across 1,000 stores in the UK in a bid to drive sustainability.
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AnalysisBig Question: Has Covid-19 dealt a hammer blow to workplace diversity?
Covid-19 has impacted all in society but, from a work perspective, are some groups harder hit than others? What can retailers do to support those struggling the most?
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DataData: Three bricks-and-mortar retailers winning in the productivity stakes
RWRC’s annual ranking of the UK’s top 30 most productive retailers was dominated by brands with a bricks-and-mortar presence. With store-based retailers among the hardest hit by the pandemic, here’s how three retailers have sought to drive efficiencies
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Future LeadersBe Inspired: Retailers raising the bar in mental health support
The UK is facing a mental health crisis. From Superdrug to Pets at Home, meet the retailers making it their responsibility to support and protect their employees’ mental health.
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NewsRetail landlords collect less than 15% of rent owed on quarter day
Retail landlords received a fraction of due rent on quarterly rent day earlier this week, with Boots among the big name retailers that withheld some payments.
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OpinionAS Watson COO: Putting people at the heart of Covid-19 strategy
We closed our first shops in Asia in January, when the threat of Covid-19 had not yet reached Europe.
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NewsCoronavirus: Superdrug owner launches £40m staff support package
AS Watson, the owner of Superdrug, The Perfume Shop and Savers, has unveiled a £40m financial support scheme for employees affected by the coronavirus pandemic.
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AnalysisAnalysis: Will Christmas cheer beat festive fear as election looms?
The golden quarter is underway against a backdrop of worrying predictions on consumer spending, Brexit chaos and a possible general election. Retail Week looks at the industry’s prospects at this crucial time of year.
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AnalysisIn pictures: Boots vs the beauty titans
Can Boots’ new Covent Garden store help it compete with beauty brands and department stores? John Ryan reports.
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NewsSuperdrug full-year profits slip despite sales uplift
Superdrug has recorded a decline in full-year profits, but boss Peter MacNab said he was “pleased with the company’s performance in challenging times”.
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NewsCo-op signs Superdrug deal to supply own-brand food
The Co-op has struck a deal with Superdrug to supply own-brand food-to-go products as part of the health and beauty chain’s meal deals.
