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Watsons Philippines adding more stores this year

By Wei ZhangPhilippines
1 min read
Watsons HK Flagship Store Fortune Centre 1
Watsons HK Flagship Store Fortune Centre 1
In this article (4)

Watsons Philippines plans to open another 50 stores this year, adding to the 781 branches it already operates.

Parent AS Watson, the health-and-beauty retailer headquartered in Hong Kong, has more than 15,200 stores worldwide. It launched the Watsons brand in the Philippines in 2002 after partnering with SM Prime Holdings, opening its first store at the SM Megamall.

Rafael Lim, director of trade and health at Watsons Philippines, told The Mindanao Times last week the new outlets will follow the format of existing stores and the company plans to continue to roll out its click-and-collect, omnichannel strategy in the market.

In some parts of Southeast Asia, click-and-collect – where customers order online and pick up in a store they choose – leads to incremental purchases by as many as 70 per cent of customers when they are collecting.

“We always seek and understand the needs of our customers,” said Lim.

Questions & Answers

Q.

How many Watsons stores will there be in the Philippines by the end of this year?

A.

Watsons Philippines, which currently has 781 branches, plans to open another 50 stores this year. This will bring the total number of stores to 831.

Q.

Which company does Watsons Philippines partner with in the market?

A.

Watsons Philippines partnered with SM Prime Holdings when it launched the Watsons brand in the country in 2002. Their first store opened at the SM Megamall.

Q.

What is Watsons Philippines' strategy for its new stores?

A.

The new outlets will follow the format of existing stores. The company also plans to continue rolling out its click-and-collect, omnichannel strategy in the market.

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