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.
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Jan- 2022 -12 JanuaryHealth & Beauty
Bain Capital and CVC eye Boots takeover bid
Buyout firms Bain Capital and CVC Capital Partners have reportedly joined forces in an attempt to launch a takeover bid for high street chemist Boots. According to Sky News, Bain and CVC are assembling a joint bid and are said to have hired advisers from Lazard to help put a…
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Dec- 2021 -6 DecemberHealth & Beauty
Boots owner mulls £10bn sale of chain
Walgreens Boots Alliance (WBA) is reportedly in talks with Goldman Sachs to discuss the potential disposal of the UK chemist chain in a deal valued at “well over” £5bn, according to Sky News. City sources told Sky that the chain’s value could be between £10bn and £12bn, adding that it…
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Oct- 2021 -15 OctoberHigh Street
Boots owner sees Q4 sales surge 12% to $34bn
Walgreens Boots Alliance (WBA), the owner of Boots, has seen its sales for the Q4 period ending 31 August 2021 increase 12.8% to $34.3bn (£25bn). The UK high street brand itself saw comparable pharmacy sales increase 11.4% compared with the year-ago quarter, which it said reflected “stronger demand” for pharmacy…
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Sep- 2021 -21 SeptemberOnline & Digital
M&S invests £20m in technology fund amid digital push
Marks and Spencer has committed over £20M to a technology fund managed by True, as the retailer aims to continue it’s push towards a digital-first business. Marks and Spencer has worked with True since 2018, however this represents the first significant financial commitment, with its latest fund aiming to raise…
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Jul- 2021 -2 JulyHigh Street
Boots owner posts strong Q3 results
Walgreens Boots Alliance, the owner of pharmacy retailer Boots UK, has reported a strong showing in its third financial quarter, as operating income from continuing operations totalled at $1.1bn (£799m) over the period. In comparison, the group posted a significant loss of $1.7bn (£1.2bn) over the same period a year…
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Apr- 2021 -22 AprilHealth & Beauty
Walgreens Boots Alliance launches No7 Beauty Company
Walgreens Boots Alliance (WBA) has announced the launch of No7 Beauty Company, a consumer-led beauty business. The new business launches with brands such as No7, Liz Earle Beauty Company, Botanics, Soap and Glory, Sleek MakeUP, and YourGoodSkin. The new company will develop products through sustainable sourcing practices and pledges to…
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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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Mar- 2021 -4 MarchClothing & Shoes
Capri names Alejandro Martinez-Galindo as CIO
Luxury fashion group Capri Holdings has announced the appointment of Alejandro Martinez-Galindo as chief information officer at the group. Commencing his new role on 8 March 2021, Martinez-Galindo joins from the same position at Walgreens, where he reportedly led a transformation of the firm’s retail digital platform. Previously holding executive…
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Jan- 2021 -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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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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