Holland & Barrett Plans Vegan Superstores

Holland & Barrett superstore
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The British food retailer Holland & Barrett has confirmed that it is planning a fully vegan superstore in the near future. Although the company’s focus has so far been on healthy food products, the growing demand from consumers for plant-based foods will now be taken further.

In an interview with the British newspaper The Telegraph, Peter Aldis, the CEO of Europe’s largest health food retailer Holland & Barrett, mentioned that the company is planning a purely vegan store. This is particularly due to consumers’ growing health awareness and the increasing number of vegans. Aldis believes there is an opportunity and an obligation to cater to the vegan population. Plans for a vegan superstore have been under consideration for some time.

Aldis said, “We are confident that we will be launching this sales format in the not too distant future and look forward to keeping the vegan community up to date”.

New alliances

Last year, US private equity firm Carlyle sold Holland & Barrett to the L1 Retail Investment Fund, which is controlled by Russian billionaire Mikhail Fridman. The $2 billion sale ended Carlyle’s seven-year ownership partnership with Holland & Barrett.

The company currently operates more than 1,100 stores around the world, including 788 stores in the UK and Ireland, 32 of which are “store-in-store” business outlets operated in conjunction with Tesco. At the beginning of the year, the group announced that, together with its employees, it intends to become the world’s largest supplier in its field.