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A.S. Watson has announced plans to open 1300 new stores this year, equalling a new store every seven hours.
A.S. Watson has announced plans to add 1300 new stores to its global portfolio, totalling to a new store every seven hours. A.S Watson currently operates 14,300 stores, across 24 different markets, under 12 different fascias. The retail group has previously announced its ambitious plans for expansion both in the UK, and globally.
Group Managing Director of A.S. Watson Group commented on its plans, “A.S. Watson Group is the world’s largest international health and beauty retailer. With the speed of opening one store in every seven hours, ASW plans to open 1,300 new stores worldwide this year and continues to expand in Hong Kong.”
A.S. Watson is also committed to developing its digital capabilities, announcing further investment targeted at enhancing store experience for its customers and improving business efficiencies.
Subscribers can read more on A.S. Watson's Strategic Outlook here.