Boots UK pharmacy and retail sales rise, but total sales growth slows due to store closures.
Boots UK reported a rise in sales for its pharmacy and retail businesses in the latest quarter, despite total sales growth slowing to 1.6% due to store closures. Parent company Walgreens Boots Alliance announced plans to close more underperforming US stores amid a challenging retail environment. In the UK, Boots closed around 300 shops over the past year, reducing its total branches to 1,900.
June 27, 2024
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