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Watsons to open 500 stores in China
Watsons is planning to open a further 500 stores in China this year; a sign of growing confidence in the country’s economic recovery. The AS Watson-owned drug store chain will also explore community store models with more than half its new stores to be located in third tier and smaller cities. The post Watsons to open 500 stores in China appeared first on Global Cosmetics News.
THE WHAT? Watsons is planning to open a further 500 stores in China this year; a sign of growing confidence in the country’s economic recovery. The AS Watson-owned drug store chain will also explore community store models with more than half its new stores to be located in third tier and smaller cities.
THE DETAILS Watsons is also planning to launch in-store beauty services such as manicures, hairstyling and facials, according to a report published by China Daily.
THE WHY? Watsons’ ambitions follow the State Council’s recently published plan to boost consumption, not to mention improved logistics in smaller cities improving both the feasibility of local stores.
The post Watsons to open 500 stores in China appeared first on Global Cosmetics News.
