Walgreens Boots Alliance news and archive

Boots owner WBA agrees to 23.7 billion dollar buyout deal

Walgreens Boots Alliance (WBA), the parent company of British pharmaceutical chain Boots, has come to a definitive agreement to be acquired by a subsidiary associated with private equity firm Sycamore Partners. The deal, with a transaction valued at 23.7 billion dollars, will ultimately take WBA private, removing the company’s listing from the...

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Boots UK records strong Q1

For the first quarter, Walgreens Boots Alliance sales increased 7.5 percent from the year-ago quarter to 39.5 billion dollars, an increase of 6.9 percent on a constant currency basis, reflecting sales growth across all business segments. Boots UK comparable pharmacy sales increased 10.9 percent and comparable retail sales increased 8.1 percent...

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WBA appoints Anthony Hemmerdinger as MD of Boots UK and Ireland

Walgreens Boots Alliance (WBA) has announced the appointment of Anthony Hemmerdinger as managing director of Boots UK and Ireland, effective November 4, 2024. The company said in a release that this follows the announcement in July that Seb James would be stepping down in November after six years to pursue a new role in the healthcare sector....

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Boots CEO reportedly quits after sales process comes to halt

Sebastian James, the chief executive officer of British pharmacy chain Boots, is understood to have stepped down from his role after plans to sell the company came to a halt. James, who first entered Boots in 2018, is understood to be leaving in November after which he will move on to a new position in the healthcare industry, Sky News reported....

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Walgreens Boots Alliance lowers FY24 EPS outlook

Third quarter earnings per share (EPS) at Walgreens Boots Alliance (WBA) were 40 cents compared to 14 cents in the year-ago quarter. Adjusted EPS was 63 cents, down 36.6 percent on a constant currency basis. Third quarter sales increased 2.6 percent or 2.5percent on a constant currency basis to 36.4 billion dollars. The company is lowering...

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Boots UK Q1 comparable retail sales increase

Boots UK comparable pharmacy sales increased 0.8 percent in the first quarter, while Boots UK comparable retail sales increased 9.8 percent compared to the year-ago quarter with growth across all categories and formats. Boots.com continued to perform strongly with sales growing 17.5 percent, representing over 19 percent of Boots total retail...

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Walgreens Boots Alliance CEO steps down, interim named

Rosaline Brewer, the chief executive officer of Walgreens Boots Alliance (WBA), has abruptly exited the role after coming to what was described to be a “mutually agreed” upon departure with the group’s board of directors. Brewer, who has also stepped down as a member of the board, had just been appointed to the helm of the healthcare and...

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Walgreens Boots Alliance appoints Tom Polen to board

Healthcare group Walgreens Boots Alliance (WBA) announced the appointment of Tom Polen to the company’s board of directors. To the role, Polen brings over 25 years of experience in similar industries, providing him with the knowledge to aid in WBA’s goal of accelerating its healthcare transformation and growth strategy. He will serve on the...

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Walgreens Boots Alliance rebrands beauty business

Walgreens Boots Alliance is repositioning its beauty brands, No7, Liz Earle Beauty Co., Botanics, Soap and Glory, Sleek MakeUP and YourGoodSkin under the umbrella of No7 Beauty Company as it looks to drive digital marketing effectiveness and expansion. The new consumer-led beauty business aims to drive growth and broaden its beauty brands appeal...