Walgreens
This coverage explores Walgreens’ activities and influence within the UK retail and pharmacy landscape, with attention to its store operations, healthcare offerings, and corporate strategy. Reporting includes updates on store openings and closures, strategic partnerships, leadership appointments, financial results, and initiatives shaping customer experience — providing retail professionals with insights into its commercial and operational priorities.
-
Nov- 2023 -20 NovemberHealth & Beauty
Walgreens to offload Boots pension scheme
Walgreens is set to pay £1bn to offload responsibility for Boots pension scheme, The Sunday Times has reported. It is believed that the move will be used to restart a sale process for the British beauty and pharmaceutical retailer. Walgreens Boots Alliance is said to be closing in on a…
Read More » -
3 NovemberNews
Today’s news in brief-3/11/23
In October, footfall in the UK dropped by 5.7% year-on-year, with high streets experiencing a 4.6% decrease, compared to a -1.7% in September. Retail parks and shopping centres also saw declines of 4.3% and 7.3% respectively. England had the smallest drop at 5.3%, followed by Scotland at 1.4%, Wales at…
Read More » -
3 NovemberNews
Walgreens Boots Alliance appoints chief information officer
Walgreens Boots Alliance (WBA) has appointed Neal Sample as its new executive vice president and chief information officer (CIO), effective immediately. Sample will report to Tim Wentworth, chief executive officer (CEO) of WBA, as a member of the executive committee and serve on the IT governance committee. He has been…
Read More » -
Sep- 2023 -1 SeptemberHealth & Beauty
Revolution Beauty names new CEO as FY losses narrow
Revolution Beauty has reported that its pre-tax losses have narrowed to £33.9m for the year ended 28 February 2023, as it also revealed the appointment of a new CEO. This marked a 12% decrease in losses compared with the £45.9m loss it posted in the same period last year. Over…
Read More » -
Jun- 2023 -28 JuneHealth & Beauty
Boots to close 300 stores despite strong Q3 sales
Boots will reportedly shut 300 branches across the UK over the coming year, despite the group’s retail sales increasing by 13.4% in its third quarter of trading, as the retailer looks to consolidate the business. According to the BBC, the move will see its portfolio fall from 2,200 stores to…
Read More » -
Mar- 2023 -27 MarchHealth & Beauty
Boots owner eyes sale or float by year’s end
Boots faces being sold or floated by the end of 2023, following US boss’ wish to separate the global pharmacy retailer, reports This is Money. The news comes as investors and board members want the retailers’ senior leadership team to speed up plans to refocus the business on the US…
Read More » -
Jan- 2023 -6 JanuaryHealth & Beauty
Holland and Barrett appoints new executive chair
Holland and Barrett has announced the appointment of Alex Gourlay as its new executive chair. He has taken over from Michael Casey who has held the position as executive chair since September 2021. Casey has also been a non-executive board member since 2017 and will also remain in that role.…
Read More » -
Dec- 2022 -20 DecemberHealth & Beauty
Can beauty retailers remain resilient through the winter?
With endless economic and political uncertainty permeating the industry, it’s been hard to predict which category of retailers will fare better than others, but one thing is certain: the health and beauty industry has weathered the storm better than others. Most recently, THG reported “stable and consistent” consumer trading during…
Read More » -
Nov- 2022 -29 NovemberHigh Street
Wilko MD steps down amid refinancing talks
Wilko has announced that its managing director Alison Hands is stepping down from her role, as she is set to take up a new role as CEO of Lincolnshire Co-op next year. It comes as The Grocer has reported that the high street retailer is in emergency talks with lenders…
Read More » -
Oct- 2022 -18 OctoberAnalysis
Sephora’s return to the UK could spell competition for Boots
The French cosmetics retailer, Sephora, has recently returned to the United Kingdom with the launch of an online store, with plans to open a flagship store in London sometime during Spring 2023. Though the location of Sephora’s new flagship store and opening date have not been disclosed yet, for many…
Read More »