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Boots could close up to 200 branches in UK

Health and beauty retailer Boots could close up to 200 stores over the next 12 to 18 months according to reports. The news comes after Boots’… View Article

HEALTH & BEAUTY

Boots could close up to 200 branches in UK

Health and beauty retailer Boots could close up to 200 stores over the next 12 to 18 months according to reports.

The news comes after Boots’ US parent company, Walgreens Boots Alliance, warned last month that it would need to take steps to reduce costs as part of a restructuring exercise.

It is understood that the stores considered for closure could include under-performing shops or those in areas where there is more than one shop.

A spokesperson from Boots said the retailer did not have a major store closure programme envisaged but was always reviewing underperforming stores and seeking out opportunities for consolidation.

They added: “We are being realistic about the future and that we will need to be agile to adapt to the changing landscape.”

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