Taiwan’s largest cosmetics and medicines retailer, Watson’s Private Care Shops, has opened its 500th retailer.
And the chain says one other 100 are deliberate for opening inside the subsequent two years.
The 500th retailer, that includes what Watsons Taiwan describes as a brand new era design, opened within the Taipei suburb of Ximending.
“We have now improved our retailer segmentation technique to satisfy demand from clients in several areas,” MD Toby Anderson stated throughout a press convention to mark the opening.
Apart from increasing the Taiwan retailer community, Hong Kong-headquarted Watsons is refurbishing and upgarding its present community with 100 shops revamped final yr and an extra 100 renovations deliberate for 2015.
Watsons operates cosmetics shops in 12 nations and territories in Asia and Europe nevertheless it sees Taiwan a testbed for innovation.
“Taiwan has a mature retail market with refined shopper conduct, which makes it a fantastic place for innovation,” Anderson stated.
That’s why the corporate is trialling a brand new Era Y idea retailer in Taiwan, with skincare and cosmetics aimed toward style aware youthful consumers. After the preliminary success of a trial retailer in Taiwan, two Era Y shops at the moment are deliberate for trial in Shanghai later this yr.
The corporate can also be constructing a robust on-line presence in Taiwan with 6 million registered customers and greater than 650,000 downloads of its cellular purchasing app.