Holland & Barrett
Holland & Barrett is a chain of health food shops with over 1,300 stores in 16 countries, including a substantial presence in the United Kingdom, Republic of Ireland, Netherlands, Belgium, China, Hong Kong, India and UAE.
|Headquarters||Nuneaton, United Kingdom|
Number of locations
|Products||Vitamins, Minerals, ethical beauty enzymes, Herbal medicines, Vegetarian food|
Number of employees
They developed their business into two shops – a grocery store and a clothing store. It is also evident that in 1900 they occupied a store in the High Street of Epsom. In the 1920s, Alfred Button & Sons bought the business and kept the name Holland & Barrett.
Holland & Barrett has since changed hands a number of times. In 1970, Booker acquired Holland & Barrett, also acquiring Heath & Heather stores which they later renamed Holland & Barrett. Lloyds Pharmacy purchased Holland & Barrett in 1992, after which NBTY acquired Holland & Barrett in 1997. NBTY was bought by American private equity firm The Carlyle Group in 2010.
The brand has become synonymous with the sale of vitamins, supplements and homeopathy, to the point that pro-homeopathy MP David Tredinnick has been dubbed "The Hon. Member for Holland and Barrett".
On 21 June 2017, it was announced that a series of negotiations had commenced by NBTY on behalf of The Carlyle Group to sell off Holland & Barrett in its entirety. A few companies showed interest in acquiring the company, namely A.S. Watson the owner of Superdrug and The Perfume Shop, and KKR the private equity firm both showed an interest in early negotiations. It was a sale that could potentially be worth $6bn.
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In the 2000s the company started to expand internationally using franchising. The first three franchise stores opened in October 2008 in Durban, South Africa and the company subsequently had nine franchise stores operating in South Africa, all by the same franchisee. In Singapore the company set up sixteen franchise stores and in Malta one store was added in 2009. A global expansion plan was set up for the Holland & Barrett brand with bigger country franchise partners, and several country additions to the franchise business were expected in 2010.
From February 2012, Holland & Barrett in the UK were subject to adverse publicity, boycotts and demonstrations at stores, due to their use of workfare participants. The company published no corporate response or interaction via social media for several months until, on 5 July 2012, Holland & Barrett announced it was pulling out of the scheme, citing the negative publicity. The Guardian reported that the company was "no longer prepared to face further bad press and in-store protests", attributing the change of mind to pressure from Solidarity Federation and Boycott Workfare. Holland & Barrett will "now pay all its workforce" and will "henceforth only take apprentices paid at the national rate of £2.60 an hour".
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- "Holland & Barrett International - Holland & Barrett - the UK's Leading Health Retailer". www.hollandandbarrett.com.
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- Mark Kleinman (21 June 2017). "Superdrug owner plots Holland & Barrett bid". Sky News.
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- Shiv Malik (6 July 2012). "Holland & Barrett pulls out of jobseekers' scheme". The Guardian. Retrieved 16 December 2015.