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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Mar- 2022 -25 MarchHealth & Beauty
Apollo lines up banks to finance Boots bid
Private equity firm Apollo Global Management is reportedly lining up banks to help it finance a takeover offer for UK high street chemist Boots. According to Sky News, Apollo is in talks with Bank of America, Credit Suisse and Royal Bank of Canada to help fund the move that is…
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21 MarchHealth & Beauty
Boots to pay for employees’ HRT prescriptions in new menopause package
Boots has announced that it will cover the cost of its team members’ prescriptions for those able and wanting to take Hormone Replacement Treatment (HRT), effective from April 2022. Up to 80% of Boots’ team across the UK are made up of women, as part of its plan to create…
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21 MarchHigh Street
Boots bidders to begin discussions this week
Potential new owners of Boots are set to meet with the high street chemist chain’s management this week to discuss its £7bn upcoming sale, according to The Times. American private equity firms Apollo and Sycamore Partners are among the firms to have submitted non-binding bids for the Walgreens-owned group. They…
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15 MarchOnline & Digital
Good Food Group launches new digital platform
A new ‘match-making’ platform has been launched by food consultancy The Good Food Group in a bid to partner UK retail buyers with up-and-coming brands. The digital platform is designed to help “time-poor buyers and new brands find each other in a product discovery process”. The introduction portal is an…
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14 MarchAdvice
Technology is retail’s best bet to go greener in 2022
The CMA’s Green Claims Code is now in full operation, with the sole objective of clamping down on empty ethical pledges. And to be fair, retail is rolling up its sleeves, disrupting supply chains, store layouts and materials, and even revamping consumer messaging to make a difference. But of course,…
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8 MarchPeople Moves
Ted Baker welcomes new CFO
Ted Baker has announced the appointment of Marc Dench as its new chief financial officer (CFO) with effect from today (8 March 2022). Dench will succeed David Wolffe in the role, who is leaving to pursue another opportunity and will resign as a director with immediate effect. Dench is described…
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Feb- 2022 -24 FebruaryHealth & Beauty
CD&R rules out offer as Boots deadline hits
Walgreens Boots Alliance has reportedly set today (24 February) as the deadline to receive offers for the UK health and beauty chain Boots, according to Reuters. The outlet also revealed that private equity firm and new Morrisons owner CD&R has ruled itself out of the running amid the CMA’s ongoing…
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23 FebruaryHealth & Beauty
Boots to launch ‘affordable’ lateral flow tests
Boots is set to launch affordable Covid-19 lateral flow tests in its stores and online, following the government’s announcement to limit free Covid testing from 1 April. Customers will be able to purchase a pack of four lateral flow tests for £17, or one test for £5.99, from boots.com, with…
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14 FebruaryHigh Street
Boots bidders given end of month deadline
Prospective bidders for Boots reportedly have until the end of the month to submit their first-round bids in a £7bn auction of the business, The Times reported over the weekend. According to the paper, Boots UK CEO Sebastian James has been meeting with prospective bidders this week alongside advisers at…
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3 FebruaryNews
Walgreens Boots Alliance adds to its board of directors
Walgreens Boots Alliance has announced the appointment of Steven Shulman to the company’s board of directors. He joins the board as a director, effective 27 January 2022, and becomes the board’s eleventh member. The firm said Shulman brings a “wealth” of healthcare management experience, as well as an “extensive” leadership…
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