Walgreens Looks Into Selling Boots, CEO Confirms

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The potential sale comes as Walgreens focuses more on the U.S. health care business.

Earlier this month, Walgreens said for the first quarter, Boots U.K.’s retail sales increased 16.3 percent due to higher foot traffic.portfolio and health care services, aiding a fast-paced recovery from the pandemic,” said Seb James, the managing director for Boots U.K. and Republic of Ireland, in a statement. “This is also driving strong market share gains from both traditional and new competitors. Digital sales are almost double what they were two years ago.

Boots operates more than 2,200 stores, and sits within the retail pharmacy international division of WBA., in line with its recently announced priorities and strategic direction that include a greater focus on U.S. healthcare, has announced a strategic review, primarily focused on our successful Boots business, including No7 Beauty Company.

 

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