Health & beauty and drugstores news

20 January 2022
Boots UK announced the launch of its Boots Price Advantage programme, offering exclusive discounts for its Advantage Card holders.   Boosting savings for its loyalty scheme members Boots UK is offering its Boots Advantage Card members special prices across 150 selected products every month. The programme is launching nationwide, across 2,000 stores in the UK. The exclusive prices will be...
13 January 2022
Despite the uncertainty and complexity created by the COVID-19 pandemic over the last 18 months, retailers across Europe have continued to focus on and invest in store innovation to meet the changing demands of the shopper. From hydroponic herb greenhouses and walkout payment technology, to restaurant meals and refill stations, the market is developing exciting new concepts and opportunities t...
13 January 2022
Walgreens Boots Alliance (WBA) reported strong group performance in the first quarter of its financial year 2022. Total sales increased by 7.8%, 7.6% on a constant basis to US$33.9 bn (Q1 2021: US$36.3 bn).  This was driven by COVID-19 vaccination and testing program and a surge in online sales. Commenting on the results, chief executive officer, Rosalind Brewer highlighted, “ First quarter resul...
12 January 2022
A.S. Watson is partnering Amazon to launch a wider range of health and beauty products through a dedicated storefront. Amazon Singapore’s first partnership a health and beauty retailer Prime members will be able to buy from brands such as Aveeno, Biore, Cetaphil, Bifesta, Wavertree & London, L’Oréal Paris, Oral-B, Anessa, Tsubaki, ZA, and other items from facial care to health supplements. ...
16 December 2021
Well Pharmacy and WHSmith have announced they will open a new combination store stocking ranges from both retailers in London’s Euston station. Slow expansion of combination store format The retailers opened the first combination store in 2019 in Heathrow Airport, while a second was opened in 2020. The two retailers’ ranges are well segregated in-store, providing a combination of WH Smith’s...
08 December 2021
Walgreens Boots Alliance (WBA) is suggested to be looking to sell Boots in 2022 for up to £5 bn. According to reports, WBA has employed Goldman Sachs as advisors to explore options for Boots, with suggestions this could lead to a sale or IPO of the business. WBA priorities to focus on Walgreens’ US operations In October 2021, WBA announced changes to its strategic priorities, putting its ...
30 November 2021
Dm reported sales in Europe increased by 6.5% to €12.3 bn in the financial year ending 30 September 2021. Its operations in Germany underperformed, with sales rising by 5.8% to €9.04 bn. Omnichannel is the way forward for Dm The health and beauty operator revealed the positive performance was driven by the ‘strong popularity for omnichannel retailing’ amongst its shoppers. One of the main...
26 November 2021
CVS Health plans to close 900 stores in the next three years as it looks to boost its online business and transform its stores into healthcare destinations. Plans to close nearly 10% of its store network In response to ‘ changes in population, consumer buying patterns and future health needs’ , CVS Health has reviewed its store model to ensure it has the right type of stores, in the righ...
04 November 2021
McKesson is to sell its UK businesses, including LloydsPharmacy and AAH, to pan-European asset management group, AURELIUS. McKesson looking to invest in strategic growth outside of Europe The deal includes the sale of LloydsPharmacy, LlyodsDirect, AAH Pharmaceuticals, LloydsPharmacy Clinical Homecare, LloydsPharmacy Online Doctor, MASTA and John Bell & Croyden for £477m. McKesson announced ...
19 October 2021
Walgreens Boots Alliance reported a strong performance in its fourth quarter and fiscal year 2021, revealing growth in its US and international segments, with the latter driven by Boots UK. Performance by divisions In the fourth quarter, WBA reported sales increased by 12.8% to US$34.3 bn, up 11.8% on a constant currency basis. In its 2021 fiscal year, sales increased by 8.6% to US$132.5 bn...