Walgreens Boots Alliance news

03 July 2019
Health and beauty specialist Boots announces plans to close over 200 stores in the UK by 2021. Optimising the estate Boots has announced plans to close over 200 stores in the UK over the next 18 months. Details as to which branches are set to close are yet to be unveiled. However closures will focus on loss-making stores, located in close proximity to another Boots store. In tandem wi...
28 June 2019
Walgreens Boots Alliance reported 0.7% sales growth to $34.6bn and operating income was down 24.7% to $1.2bn for Q3 2019, which ended 31st May 2019. US: pharmacy drives growth In the US, sales grew to $26.5 billion in the period, an increase of 2.3% compared with Q3 2018 . Pharmacy sales were up 4.3% compared with Q3 2018 . LFL sales across pharmacy grew 6.0%, accounting for 73.9%...
26 June 2019
This week Boots opened its new London flagship as part of its its beauty transformation programme. We visit the Covent Garden store and take a first look at the new concept. Transforming the beauty experience Boots has opened its 28,524 sq ft London flagship as part of its ongoing beauty transformation programme . The two-floor site opposite the tube station was formerly home to Marks &...
24 May 2019
Boots announces plans to revamp its pharmacy business and digitalises its Advantage Card loyalty scheme. Pharmacy transformation plans Boots has announced plans to revamp its pharmacy business, designed to create an omnichannel, and more convenient experience for customers. The news comes amid Boots' ongoing plans to revamp its beauty offer , transforming its beauty halls and investin...
15 May 2019
Boots UK has reported a revenue decline of -2.3% to £6.7bn for the year ending 31st August 2018, in the latest report submitted to Companies House. FY2018: decline in revenue, operating profit, loyalty members Boots UK has reported a revenue decline of -2.3% to £6.79bn for the year ending 31st August 2018. In the same period, operating profit fell by -22.3% to £391mn. The retailer has attri...
07 May 2019
Boots is set to add global beauty brand, Fenty Beauty, to its product range. Boosting the beauty range Boots has announced that it is set to add Rihanna’s global beauty brand, Fenty Beauty, to its range. The brand was only previously available to UK shoppers through Harvey Nichols. The line will be available in 32 select stores and online via Boots.com. A waiting list is available onl...
02 May 2019
Boots will sponsor Women of the Year's 'Wellness Warrior' award, recruits new director of innovation and opens first of new format stores in Lincoln. Wellness Warrior: celebrating women Boots UK will sponsor the Women of the Year's 'Wellness Warrior' award, designed to recognise those who improve the wellbeing of others. The annual awards aim to bring people together to celebrate achieve...
11 April 2019
As Boots gears up to open its new London flagship, we round up the retailer’s latest developments. Boots launches five new test brands Following a disappointing Q2 result for Boots, the retailer has added five new brands to its product portfolio. These include Too Faced, Nude by Nature, Skyn Iceland and two Korean beauty brands Tony Moly and Too Cool for School. These on-trend brand...
02 April 2019
Walgreens Boots Alliance reported 4.6% sales growth to $34.5bn and operating income was down 23.3% to $1.5bn for Q2 2019, which ended 28th February 2019. US: poor performance offset by Rite Aid acquisition Retail Pharmacy USA experienced 7.3% growth in Q2 sales to $26.3bn, compared with the same period a year ago , the result was driven by the acquisition of Rite Aid stores. Excluding t...
27 March 2019
Opening Retail Week Live, Judith McKenna, CEO Walmart International refused to be drawn on its future ownership of Asda. The merger with Sainsbury’s is “ still in the process, we’re working with the CMA (Competition and Markets Authority), and we’ll see what the road ahead is when they publish their next papers ” she stated. McKenna shared her belief that Asda has put together a “fair and reasona...