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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Jul- 2019 -1 JulyHigh Street
Boots confirms closures of 200 stores
Health and beauty retailer Boots has confirmed it is set to close 200 stores in the UK, after receiving confirmation from its parent company Walgreens Boots Alliance. The store closures will affect underperforming stores, in “walking distance” of other Boots locations and will represent 8% of the retailer’s UK stores…
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Jun- 2019 -28 JuneHealth & Beauty
Boots sees sales decline in Q3
Retail sales at Boots UK declined 2.6% in its Q3 results ending 31 May 2019 while pharmacy sales increased 0.8%. The health and beauty chain’s sales had an impact on its parent company Walgreens Boots Alliance’s overall performance, as it saw sales of $2.8bn (£2.2bn) – a decrease of 7.3%…
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May- 2019 -29 MayHealth & Beauty
Boots could close up to 200 stores
Boots owner Walgreen Boots Alliance (WBA) have plans to close up to 200 underperforming stores, according to Sky News. The health and beauty retailer which employs more than around 56,000 people, saw profits fall by more than 18% last year. The potential closures would see just under 10% of Boots’…
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14 MayHealth & Beauty
Boots profits slump by almost 20%
Profits at Boots UK stores fell by 18.3% last year as sales also struggled. For the year ending 31 August the company, which is owned by Walgreens Boots Alliance, reported profits of £317m and revenues of £6.8bn, a fall of 2.3% compared with the previous year. The fall is also…
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Apr- 2019 -4 AprilHealth & Beauty
Boots facing possible store closures
Health and beauty retailer Boots may be forced to close some of its stores after parent company Walgreens Boots Alliance experienced a “disappointing quarter”. In its Q2 results, the company’s international retail pharmacy results showed that sales decreased 1.2% on a constant currency basis, mainly due to a 1.3% decline…
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Dec- 2018 -21 DecemberHealth & Beauty
Boots owner’s earnings dented by ‘challenging market’ in the UK
Boots owner, Walgreens Boots Alliance, has said it has seen a decline in profit and sales due to a “challenging market” in the UK. The group said its UK pharmacy sales had fallen by 3.5% in the three months to the end of November, it also saw retail sales drop…
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Sep- 2018 -21 SeptemberHealth & Beauty
Walgreens Boots Alliance launches flagship store on Alibaba’s Tmall Global platform
Walgreens Boots Alliance and Alibaba Group Holding have announced the launch of a Boots flagship store on Tmall Global, Alibaba’s B2C platform for international brands and retailers. The deal will introduce a number of Boots beauty brands to more than half a billion consumers on Alibaba’s platforms in China. The…
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Jul- 2018 -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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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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Mar- 2018 -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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