Tag: Boots sell-off

Boots store
June 28, 2024 BY Robert Bell

Boots Profits Grow But US Store Closures Anticipated

The improved sales figure came across Boots’ pharmacy and retail activity until the end of May. Its overall sales growth slowed to 1.6%, with the store closures carried out in the last year said to be to blame. The brand now has 1,900 sites after 300 shops were closed recently. WBA’s next move is to…

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Boots store
May 14, 2024 BY Robert Bell

WBA Looking for a Buyer to Take Boots off its Hands

It is the company’s second attempt at trying to sell this chunk of the business, and it is believed to be working with consultants to identify potential purchasers. The cost of buying Boots is around £7bn, although WBA has yet to comment on the speculation about selling. It is believed that this sale would allow…

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