All Walgreens Boots Alliance articles – Page 2
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NewsBoots owner offloads £4.8bn pension scheme
Boots has agreed to transfer £4.8bn of pension obligations to insurer Legal & General in a deal that potentially paves the way for a sale by owner Walgreens Boots Alliance.
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NewsWalgreens to pay £1bn to offload Boots pension scheme
Walgreens is considering a hefty payout to offload the Boots pension scheme and reinvigorate shelved plans to sell the retailer.
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VideoWatch: Boots celebrates joy of giving with new Christmas advert
Boots has launched its Christmas marketing campaign, titled ‘Thank you, Santa’, which focuses on giving joy.
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NewsBoots delivers growth in market share driven by beauty and skincare
Boots delivered 11.7% year-on-year growth in retail sales in the three months to August 31, 2023, as its market share grew for the 10th consecutive quarter.
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NewsExclusive: Boots shelves launch of marketplace
Boots has shelved plans to launch its own marketplace, Retail Week can reveal.
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NewsBoots says rewards scheme delivers £50m savings for customers
Boots has reported that customers with an Advantage Card have saved almost £50m through Price Advantage deals since January last year.
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NewsBoots delivers strong sales driven by success of own brands
Boots reported 13.4% year-on-year growth in retail sales in the three months to May 31, as market share grew for the ninth consecutive quarter.
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NewsBoots owner mulls float or sale by end of 2023 to focus on US market
Walgreens, the US-based parent company of Boots, could either sell or float the UK retail favourite as the global pharmacy giant faces intense pressure to break up.
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AnalysisStrategy spotlight: Can Boots win on the health and beauty battleground?
UK pharmacy and beauty chain Boots is being squeezed from all sides of the beauty battleground and this week’s opening of trendy global beauty retailer Sephora’s first UK store will apply extra pressure.
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NewsBoots’ focus on value delivers strong Christmas performance
Boots’ focus on value has paid off this Christmas as it posted an 8.7% increase in like-for-like sales for the three months to November.
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NewsBoots sales recovery driven by flagship and travel stores
Boots sales recovered in the three months to August as customers flocked to flagship locations and travel stores.
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NewsNine in 10 UK retail chairs expect consumer spending to fall over next year
Ninety-five per cent of UK retail chairs forecast a drop in shopper spending over the next year, as Boots’ parent company chair Stefano Pessina said the UK would likely have a “bigger” recession than other EU countries.
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Opinion‘Boots needs more TLC to create value, whoever owns it’
After failing to find a buyer for Boots, Walgreens insists “it is an exciting time” for the health and beauty stalwart, but without innovation and investment it risks falling behind, writes George MacDonald
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NewsBoots revenues rise across the board as Walgreens axes sale plans
Boots has posted a rise in sales across all categories, driven by market share gains in beauty.
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NewsWalgreens pulls plug on Boots sale as suitors fail to secure financing
Walgreens Boots Alliance has canned the planned sale of its Boots business after suitors failed to meet its asking price.
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NewsReliance and Apollo team up to lodge £5bn binding bid for Boots
Reliance Retail and Apollo are understood to have made a formal offer for Boots, which would allow current owner Walgreens to retain a significant minority stake.
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NewsWalgreens takes £4bn dividend from UK arm as Boots sale deadline looms
Boots’ US owner Walgreens has extracted $5.3bn (£4.3bn) in dividends from its UK arm.
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NewsIndian firm Reliance Industries joins race for Boots takeover
India’s Reliance Industries has appeared as another potential bidder for UK chemist Boots.
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NewsBoots bidders assemble for £7bn takeover
Bidders for high street chemist Boots are set to meet with bosses this week as the takeover race intensifies.
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NewsBids for health and beauty giant Boots expected today
Indicative bids for health and beauty giant Boots are expected to be submitted today, it is understood.
