All Walgreens Boots Alliance articles – Page 2
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News
Boots 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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News
Boots 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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News
Boots 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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Analysis
Strategy 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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News
Boots’ 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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News
Boots 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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News
Nine 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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News
Boots 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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News
Walgreens 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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News
Reliance 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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News
Walgreens 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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News
Indian 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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News
Boots 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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News
Bids 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.
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News
Boots suitors given until end of the month for fresh bids
Prospective bidders for Boots have been given until the end of the month to place first-round bids in the £7bn battle shaping up for the health and beauty retailer.
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News
Boots owner Walgreens kicks off sale amid fresh approaches
Walgreens Boots Alliance is understood to have launched the sales process for Boots, which could be valued as highly as £7bn.
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News
Boots sales strengthen as Walgreens Boots Alliance raises guidance
Boots recorded an increase in first-quarter sales as parent company Walgreens Boots Alliance (WBA) raised its full-year profit expectations.
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Analysis
Analysis: Back to full health – what would Boots need from a new owner?
While Boots’ strategy has led to the growth of certain categories over the pandemic, some areas of the business are suffering due to underinvestment. Retail Week examines what a potential new owner of the retailer would need to focus on in order to bring Boots back to full health.
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Opinion
‘If Boots is on the block, Tesco and Murphy look primed to swoop’
Walgreens Boots Alliance is thought to be seeking a buyer for its UK business – and Tesco could provide the perfect suitor, writes Retail Week editor Luke Tugby