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It came as impairment charges for the UK operation helped drag its US parent firm Walgreens Boots Alliance (WBA) to a significant loss.
The US firm moved away from plans to offload Boots after an ‘unexpected and dramatic change’ in the financial markets. Boots owner WBA pulls £5bn sale of UK pharmacy chain Skip to main content
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An advertisement for Boots from 1911. Boots was established in 1849, by John Boot. [7] After his father's death in 1860, Jesse Boot, aged 10, helped his mother run the family's herbal medicine shop in Nottingham, [8] which was incorporated as Boot and Co. Ltd in 1883, becoming Boots Pure Drug Company Ltd in 1888.
Superdrug Stores plc (trading as Superdrug) is a health and beauty retailer in the United Kingdom, and the second largest behind Boots UK. The company is owned by AS Watson (Health & Beauty UK) Limited [3] [a] which is part of the A.S. Watson Group. It was acquired as part of the buyout of Kruidvat BV in October 2002.
Alliance Boots was a multinational pharmacy-led health and beauty group with corporate headquarters in Bern, Switzerland and operational headquarters in Nottingham and Weybridge, United Kingdom. The company had a presence in over 27 countries including associates and joint ventures and in 2013/14, reported revenue in excess of £23.4 billion. [ 1 ]
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Boots forms the main part of the Retail Pharmacy International division of the company. The Boots brand has a history stretching back over 170 years [17] in the United Kingdom (UK) and is a familiar sight on Britain's high streets. [18] Stores are located in prominent high street and city center locations as well as in local communities.