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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Apr- 2021 -15 AprilGovernment
MPs take evidence on violence against retail workers
The Home Affairs Committee opened its inquiry into violence against retail workers yesterday (14 April), with MPs taking evidence from industry leaders, trade associations and unions. The new inquiry will examine the “barriers” to reporting incidents and the quality of support provided to victims by police and employers, as well…
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1 AprilHealth & Beauty
Boots UK sees Q2 profits fall 9.2% as sales drop by almost a fifth
Boots UK has revealed that gross profits decreased 9.2% for the second fiscal quarter ended 28 February reflecting lower retail sales and pharmacy volumes. Comparable retail sales for the pharmacy chain’s UK division also saw a decrease of 17.9% as the group continued to be impacted by lower footfall due…
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Feb- 2021 -26 FebruaryHealth & Beauty
Boots to axe 300 jobs in Nottingham head office
Boots has confirmed its plans to get rid of 300 jobs in its Nottinghamshire head office, citing the pandemic as a major factor in its decision. The health and beauty retailer’s head office, based in Beeston, is set to lose 10% of its workforce with various position levels expected to…
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Jan- 2021 -8 JanuaryEconomy
Boots’ parent company reports strong Q1 trading
Walgreen Boots, the parent company of Boots, has reported its first quarter trading has exceeded expectations after it was buoyed by the UK pharmacy and optician business. The US-based firm announced that sales increased by 5.7% to $36.3bn (£26.7bn) over the three month period, while earnings decreased by 11.2%, ahead…
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7 JanuaryHealth & Beauty
Boots owner agrees £4.8bn sale of Alliance Healthcare
AmerisourceBergen Corporation has announced the acquisition of Walgreens Boots Alliance’s healthcare businesses for approximately $6.5bn (£4.77bn), comprising $6.275bn (£4.6bn) in cash and 2 million shares of AmerisourceBergen common stockThe acquisition of Alliance Healthcare will reportedly provide even stronger support for pharmacies and pharmacists across the globe and integrated solutions for…
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Nov- 2020 -16 NovemberComment
The future of retail, where one size fits none
When writing this introduction, perhaps somewhat naively, I Googled ‘what was the most challenging time in all of history for retailers?’; thinking I could find some anecdotes about a time when retailers overcame hardships greater than those we face currently. As it turns out, the most challenging time in modern…
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2 NovemberClothing & Shoes
Superdry names interim CFO
Superdry has announced that it has appointed Benedict Simon as its chief financial officer on an interim basis. This new appointment follows the fashion retailer’s announcement last month that Nick Gresham has stepped down from the role with immediate effect. Simon has 18 years of experience as CFO of a…
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Oct- 2020 -16 OctoberHigh Street
Sales at Boots’ retail sites drop 30%
Sales at Boots’ retail sites reportedly fell by almost 30% in the quarter up to August as consumers chose to carry out their shopping online. Walgreens Boots Alliance, Boots’ parent company, reported that despite an improvement from the 48% drop seen in the previous quarter, the UK retailer continued to…
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Sep- 2020 -21 SeptemberSponsored Articles
Is COVID-19 making retailers adopt packaging automation faster?
If you’re an online retailer you are likely to have witnessed a peak in sales during the lockdown as more consumers switch to e-commerce. According to the latest Online Retail Index from IMRG and Capgemini, the overall retail sales in June surged an impressive 33.9% year-on-year. Sounds great, but the…
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Aug- 2020 -20 AugustHealth & Beauty
Mothercare unveils new business model
Mothercare has announced the launch of a “more sustainable and less capital-intensive” business model going forward. The new model comes into effect from the Autumn/Winter 2020 season, and follows “constructive” discussions with its international franchise and manufacturing partners. The discussions were held in a bid to modernise the business and…
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