The fact that? Super Drug expanded its workforce and the store’s footprint in 2024 despite the greatest pressure of wages and tax increases.
The details According to the accounts recently presented, Super Drug increased its staff from 13,845 to 14,479 and opened 13 new stores during the year. The expansion occurred despite the introduction of higher national minimum salary rates and national insurance contributions, which according to the company has added cost pressure. Super Drug reported a gain before taxes or £ 136.8 million, compared to £ 111.6 million in 2023, with revenues that increased from £ 1.5 billion to £ 1.6 billion.
Why? The company attributed continuous cost increases to changes in government policies. He also cited the continuous impact of the crisis of the cost of living on consumer behavior, and buyers become more sensitive to prices. While the general footprint of the main street decreased, the health and beauty sector saw an interannual sales growth. Super Drug said that he hopes that the retail environment of the United Kingdom will remain competitive and with cost challenge in 2025.
Fountain: City
