Boots
This coverage focuses on Boots’ operations and strategy within the UK retail and pharmacy landscape. Reporting highlights store developments, financial performance, leadership changes, healthcare initiatives, and marketing campaigns. With analysis of how Boots balances retail and health services, the insights support managers and executives evaluating its market position and strategic direction.
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Jun- 2022 -1 JuneClothing & Shoes
Dr Martens profits surge to £214m amid record sales
Dr Martens has hailed a set of “record results” for the full-year period ending 30 March 2022 with its adjusted pre-tax profits surging 43% to £214.3m, after it revealed it sold “more pairs of boots, shoes, and sandals than at any time in its 62-year history”. The footwear brand, founded…
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May- 2022 -30 MayNews
Issa brothers on verge of dropping out of Boots bid
Asda owners, the Issa brothers, are reportedly on the verge of walking away from their bid for a Boots takeover due to a disagreement on price, according to Bloomberg. The news outlet’s report said that Zuber and Mohsin Issa are getting cold feet after Boots’ owner, Walgreens, asked them for…
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16 MayHigh Street
Walgreens snaps up £4bn dividend from UK arm
Walgreens Boots Alliance has reportedly extracted more than $5.3bn (£4.3bn) of dividends from its UK holding companies. According to The Sunday Times, the Boots owner snapped up the dividends despite taking “hundreds of millions” of pounds of government support during the pandemic. Boots’ UK-based parent company, Superior Holdings, paid out…
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9 MayHealth & Beauty
Revolution Beauty FY22 sales soar amid Boots partnership
Revolution Beauty has welcomed a “record” Q4 in its latest full-year trading update, attributing the success to its Boots and Walgreens expansions, with half-year sales rocketing 44% year-on-year for the year ended 28 February 2022. The beauty group reported a revenue of £194m, up 42% against the year ending 28…
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3 MayHigh Street
Asda owners in talks to sell £13bn EG Group
Asda owners the Issa brothers are reportedly in talks to merge their EG petrol forecourt business with Canadian convenience store giant Couche-Tard, according to the Wall Street Journal. Couche-Tard, which runs 7,000 convenience stores in the U.S. and as many abroad, EG Group have traded proposals in recent weeks that…
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Apr- 2022 -28 AprilHigh Street
Apollo and Reliance plan joint bid for Boots takeover
US buyout firm Apollo Global Management and Reliance Industries have joined forces to plan a joint bid for UK pharmacy chain Boots, according to the Financial Times. Reliance is owned by India’s second-richest man, Mukesh Ambani, and if the bid is successful, Boots will expand its footprint into India, south-east…
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27 AprilHigh Street
May deadline set for Boots takeover bids
A deadline of May 16 has been set for final bids for Boots, according to Sky News. The company’s owner Walgreens Boots Alliance (WBA) issued the deadline as it looks to offload the business as economic issues threaten its valuation, with the price tag currently standing at up to £7bn.…
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7 AprilHealth & Beauty
Boots launches Price Advantage scheme online
Boots has extended its Price Advantage scheme by making it available to customers online, after having originally launched in stores in January. The scheme initially offered 150 products in stores when it was launched, but now it has been expanded to include over 300 additional products across categories including beauty,…
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4 AprilHealth & Beauty
Boots gender pay gap drops to 2.7%
Boots has reported its median pay gap has dropped to 2.7% in the 12 months ending 5 April 2021, compared to the national median pay gap of 15.4%. The retailer’s Gender Pay Gap report reveals Boots continues to see a “sustained reduction” in its mean pay gap at 18.1%, which…
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1 AprilHealth & Beauty
Boots Q2 sales rise as beauty demand climbs
Boots has revealed its total sales in the UK grew 15.2% in the second quarter ending 28 February 2022 (Q2), with continued market share gains in all categories, led by beauty. UK comparable retail sales increased 22% with sustained retail and pharmacy sales growth despite trading headwinds from the Omicron…
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