The high streets could soon see 1000 new job opportunities on the market as retail giant AS Watson confirms plans to open 88 news stores for its UK franchises.
The firm, which owns Superdrug, the Perfume Shop and Savers, is pushing ahead with its plans despite a plateau in high street sales and consumer confidence in the past year.
Of the 88 new stores, 40 of those will be for Superdrug which will hire around 600 new staff.
READ MORE: Superdrug sees 41% profit jump
Savers will soon have 45 new stores in its estate, providing 450 new job opportunities.
Meanwhile, 78 new jobs will be up for grabs when The Perfume Shop opens 13 new stores.
“We are under a lot of pressure, with Brexit uncertainty and sterling going down, but we will continue to invest in the UK,” AS Watson managing director Dominic Lai said.
Superdrug recently recorded a massive 41 per cent jump in annual profits and a 10.4 per cent growth in sales to £1.2 billion, thanks to online sales soaring by 60 per cent.
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