Walgreens Boots Alliance news

Sales for the first half ending 29th February rose +2.7% to US$70.2bn (3.2% on a constant currency basis). Operating income saw double digit decline, down -23% to US$2.2bn. Performance in Q2 exceeds expectations Retail Pharmacy USA This division delivered +3.8% growth in the second quarter, with comparable store sales up +2.7%. This was driven by strong growth in pharmacy (+5.3%) refle...

Steve Ager is set to join the business in June. Commercial director for Boots UK &ROI Ager will report into Boots MD Seb James and Annie Murphy, chief commercial officer for Walgreens Boots Alliance. He joins Boots from Dixons Carphone, where he was group commercial officer. Prior to that Ager spent 30 years with Tesco, including as president of Tesco China and commercial director of p...

Boots UK has partnered with The Hygiene Bank to collect toiletries and personal care items. Drive to donate hygiene products The trial launched in 25 locations at the end of February. If successful, it will be rolled out to more stores across the UK. Shoppers are encouraged to donate new, unused and in-date products. These can be any brand and from any retailer. Collected items will b...

Walgreens Boots Alliance appoints a new president to Walgreens, and former MD of Boots UK Elizabeth Fagan leaves the business. New president of Walgreens announced Richard Ashworth has been appointed as President of Walgreens, reporting into Alex Gourlay, co-COO of Walgreens Boots Alliance. Ashworth will take responsibility for leading, developing and managing the business. After 28 year...

Latest developments include new brands, more specialists, and beauty hall roll-out Revamp rolls out to more locations In addition to the 29 stores which renovated their beauty halls in 2019, a further 60 stores will receive the new look this year. The design is more open plan, encouraging shoppers to interact with products, and gain inspiration from trend zones. New brands Huda Beauty wil...

Walgreens Boots Alliance reported sales of US$34.3bn, up 1.6% in the first quarter ending November 30th 2019 (+2.3% at constant currency). Operating income declined sharply, down 27.6% to US$1bn. Executive Vice Chairman and CEO Stefano Pessina described the performance as “soft”, but reiterated that the business remained confident in its long-term strategy.   Challenging conditions dampen ...

Boots has formed a three year partnership with Public Health England to encourage one million people to take action to improve their health. New year, new you The Reboot Quiz is the partners' first initiative, launched in January 2020. This asks users questions on how they are feeling, eating, drinking, moving and smoking before providing a personalised wellness score out of ten. They can t...

Mothercare UK has announced that Boots is to become the exclusive franchisee for Mothercare brand products in the UK, allowing the baby goods retailer to maintain a physical presence after the closure of its own stores. The retailer appointed administrators in November. Range to be offered in larger Boots stores and online Under the terms agreed between the parties, Boots will stock Motherc...

South Korean retail giant Emart is slimming down operations by closing unprofitable stores, including 18 Boots branches. A response to weak earnings The company logged KRW161bn in operating profit during the first three quarters, down by 60% from previous year. Whilst its hypermarkets and supermarkets are showing signs of recovery with improved same-store sales growth, specialty stores post...

Building on their existing collaboration, Kroger and Walgreens will join forces to source a number of products together, through a joint venture called Retail Procurement Alliance. Aim to deliver cost savings and increase efficiencies  By identifying any overlap in the products they both merchandise, the new group purchasing organisation (GPO) aims to increase purchasing efficiencies as the...