Founded by John Boots, the pharmacy, beauty and health retailer has been a mainstay of the British high street for 175 years. Boots’ pharmacy-led outlets provide optician and hearing care services and digital photo printing. It sells clothing, food and drink, alongside its many beauty and health products. Retail Week provides news, analysis, features and opinion about Boots and the health and beauty sector.
Boots customers will now be able to earn Advantage Card points from purchases made through Deliveroo and Uber Eats apps.
Last week, Boots’ parent company Walgreens was acquired in a $10bn mega deal by private equity firm Sycamore Partners. Who are the brand’s new owners and where does the UK institution fit into its plans?
Boots is doing well, but the sale of parent Walgreens Boots Alliance raises questions about the future ownership of the UK High street institution, says Retail Week executive editor George MacDonald. A sale or IPO of Boots may follow. And what role might dealmaker Stefano Pessina play?
Walgreens Boots Alliance, owner of Boots in the UK, is to be sold to a private equity group.
US based owner of Boots, Walgreens Boots Alliance, is close to a $10bn takeover by a private equity firm.
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