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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Jul- 2020 -9 JulyHigh Street
Boots set to slash 4,000 jobs
Boots is reportedly set to slash almost 4,000 roles as it seeks to restructure its head office and store teams. The company said it is “moving swiftly” to address the impact of Covid-19 on the Boots business by accelerating its transformation plan. The proposed plan included a reorganisation of the…
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Jun- 2020 -22 JuneHigh Street
Mothercare seeks new lenders amid franchising plans
Mothercare has confirmed it remains “on track” to become a “profitable” international franchise operation, with plans to operate in around 40 international territories. In its latest update, the retailer confirmed that discussions are ongoing with existing franchise partners in efforts to “establish a more sustainable and less capital-intensive business” going…
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Apr- 2020 -30 AprilPeople Moves
BRC appoints Tony DeNunzio as new chairman
Tony DeNunzio CBE has been appointed as chairman elect of the British Retail Consortium (BRC). He will succeed Richard Pennycook whose tenure comes to an end on 20 May 2020. DeNunzio has over 25 years’ experience in the retail industry both in the UK and internationally. His experience covers the…
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3 AprilHealth & Beauty
Boots reports 18% decrease in operating income amid Covid-19 virus outbreak
Health and beauty retailer Boots has reported a 18.7% decrease in operating income to $1.2bn (£973m) as a result of the Covid-19 virus pandemic. In its six months to 29 February, Boots reported its sales increased by 3.7% to $35.8bn (£29.1bn), as operating income decreased by 12% to $1.7bn (£1.38bn).…
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Mar- 2020 -30 MarchCoronavirus
Boots and Amazon boost Covid-19 testing for NHS staff
Boots and Amazon are among the retailers who have been called on by the government to help boost testing capacity for frontline NHS staff. It comes as dozens of universities, research institutes and companies across Britain are lending their testing equipment to three new hub laboratories which will be set…
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24 MarchShopping Centres
Westfield Stratford announces temporary closure amid coronavirus outbreak
Shopping centre Westfield Stratford City has announced it is “substantially closed” amid the outbreak of the Covid-19 outbreak. The shopping centre announced its closure on social media with a statement that it was closed with exceptions from grocery stores and pharmacies to “service our communities’ needs.” The statement read: “We…
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3 MarchPeople Moves
B&M appoints Alex Russo as new CFO
Discount retailer B&M has announced the appointment of Alex Russo as its new chief financial officer and executive director. Russo is currently the CFO of Wilko, having previously spent five years as an executive director and CFO at Asda. He has also held the position as director at Boots, Tesco…
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Feb- 2020 -28 FebruaryPeople Moves
Card Factory strengthens executive team with new HR manager
Card and gifts retailer Card Factory has appointed Jennifer Lawrence as executive director of people, effective 1 June 2020. Lawrence was formerly human resources director at Costcutter and Card Factory said she has over 18 years of experience “shaping and implementing successful people strategies” for leading retailers and large businesses.…
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25 FebruaryComment
The changing face of retail in the age of digitisation
Retail: the 2020 snapshot It’s no secret that high street retail in Britain has been struggling for the past decade. Since the collapse of Woolworths in 2009, it has been clear that something, somewhere, has been going very wrong on the Great British high street. In fact, currently it is…
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5 FebruaryPeople Moves
Wilko appoints Jerome Saint-Marc as its first CEO
Home and garden needs retailer Wilko appointed Jerome Saint-Marc as its first ever CEO to help “lead the business forward”. Wilko said Saint-Marc will deliver the “day to day leadership, energy and alignment” around Wilko’s strategic repositioning to reinvent the company’s customer proposition to take on a stronger product-focussed orientation…
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