Harman Patil (Editor)

Holland and Barrett

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Type
  
Subsidiary

Headquarters
  
Nuneaton, United Kingdom

Parent organization
  
NBTY

Founded
  
1870

Genre
  
retail

CEO
  
Peter Aldis (Oct 2008–)

Revenue
  
640 million GBP

Number of employees
  
7,000

Holland & Barrett

Number of locations
  
Burton on Trent ,Dublin Amsterdam

Products
  
Vitamins, Minerals, ethical beauty Enzymes, Herbal medicinesVegetarian food

Website
  
www.hollandandbarrett.com

Profiles

Holland & Barrett is a chain of health food shops with over 1110 stores in the United Kingdom, Republic of Ireland, Netherlands, Belgium, Sweden, UAE, China, Singapore, Spain, Malta, Cyprus and Gibraltar, Georgia, India

Contents

History

Holland & Barrett was formed in 1870 by Alfred Slapps Barrett and Major William Holland, who bought a grocery store, selling groceries and clothing.

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 and Barrett has since changed hands a number of times. In 1970, Booker McConnell acquired Holland and Barrett, also acquiring Heath & Heather stores which they later renamed Holland & Barrett. Lloydspharmacy later purchased Holland and 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".

Advertising

Singer Kim Wilde featured in Holland & Barrett TV advertising between 2004/05. Former Blue Peter presenter Gethin Jones and actor David Jason have also voiced them.

A number of Holland & Barrett's advertisements and point of sale displays have been adjudicated as misleading, making unfair comparisons or claims that are unsupported by robust evidence.

Franchising

The company recently started its international expansion with franchising. The first three franchise stores opened in October 2008 in Durban, South Africa and the company currently has nine franchise stores operating in South Africa, all by the same franchisee. Singapore where the company currently has five franchise stores open and Malta with one store were added in 2009. The plan is to expand the Holland & Barrett brand globally with bigger country franchise partners and 2010 will see several country additions to the franchise business.

"Workfare" controversy

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 and 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".

References

Holland & Barrett Wikipedia