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- 2018 -23 JulyGovernment
Committee finds retailers ‘poor’ at regulating fur sales
The Environment, Food and Rural Affairs Committee has found that retailers, local authorities and Trading Standards have been “poor at enforcing regulations around the sale of real fur”, following its recent inquiry. The committee also said that Brexit would provide an opportunity for the UK to improve its system of…
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6 JulyM&A
Boots owner reacts to Amazon threat with investment in Chinese firm GuoDa
Walgreens Boots Alliance has reacted to a tanking share price in the wake of Amazon’s entry to the pharmacy market by acquiring a stake in Chinese pharmacy firm GuoDa. Boots’ share price plummeted by 10% last week following the announcement Amazon had acquired medicine delivery company Pillpack. In what is…
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4 JulyUncategorized
Former Amazon finance VP returns to Asda as CFO
Asda has appointed Rob McWilliam as chief financial officer (CFO), replacing Alex Russo as he leaves the business to take on a new role at Wilko. McWilliams initially began working with the group again in January 2018 on a consultancy basis, supporting the development of a new ‘Asda Strategy’. However,…
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4 JulyPeople Moves
Wilko appoints former Asda CFO as finance chief
Family business Wilko has appointed Alex Russo, a former Asda CFO as its new chief financial officer and executive board director. Russo held the Asda post for five years, but has also held senior roles at Tesco, Kingfisher and Boots, in the UK and abroad, gathering more than 20 years’…
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Jun- 2018 -29 JuneEconomy
Boots shares plunge 10% following Amazon medicine service acquisition
Shares in the parent company of pharmacy chain Boots, Walgreens Boots Alliance, have plummeted by 10% this morning following news that Amazon has acquired medicine delivery company Pillpack. The American startup made $100m last year and will now see Amazon take over late next year, with the price of the…
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May- 2018 -23 MayHealth & Beauty
Boots posts revenue and profit drop
In newly filed accounts Boots has reported a drop in both its revenues and profits for its most recent financial year. In its strategic report for the year 31 August Boots posted revenues of £6.83bn down from £6.87bn the previous year. The beauty and pharmaceutical retailer also announced pre-tax profits…
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Mar- 2018 -13 MarchGovernment
Leading retailers support plan for sustainability and equality
Over 25 leading UK retailers, including Sainsbury’s and John Lewis, have signed up to a series of pledges to tackle global challenges over the coming decades. The ‘Better Retail Better World’ scheme includes a series of stretching targets for the retail industry to achieve by 2020, and uses the United…
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9 MarchPeople Moves
New CFO appointed by Walgreens Boots Alliance
Walgreens Boots Alliance has announced the appointment of James Kehoe as the company’s executive vice president and global chief financial officer, effective 1 June 2018. Kehoe’s previous role was chief financial officer and board director of Takeda Pharmaceutical Company and was based in Tokyo. According to the group he is…
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Jan- 2018 -22 JanuaryPeople Moves
Dixons Carphone CEO steps down for Boots role
Walgreens Boots Alliance has appointed Sebastian James as senior vice president, president and managing director of Boots. In order to take up the role James has left his position as Dixons Carphone CEO, a position he has held since 2014. James will join the Walgreens Boots Alliance this summer before…
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18 JanuaryHealth & Beauty
Boots recalls bobby pins found to contain real fur
Boots has recalled a line of bobby pins from the hair accessory brand Scunci, after they were found to be made with real fur. The true material of the pins – which were marketed being ‘fur style’ – was discovered by anti-fur campaigner Ruby Miranda, who posted images of the…
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