Hundreds of Boots stores will reportedly be closed over the next 12 months. According to reports, the high street pharmacy is not expected to make any of it 52,000 team members redundant as a result of the move.
Hundreds of Boots stores will reportedly be shut over the next 12 months.
According to the Telegraph, the retailer is not expected to make any redundancies as a result of the move.A spokesperson from the chain told the Telegraph: ‘Evolving the store estate in this way allows Boots to concentrate its team members where they are needed and focus investment more acutely in individual stores with the ambition of consistently delivering an excellent and reliable service in a fresh and up to date environment.
The spate of closures has raised questions over the future relationship between the chain and owner Walgreens Boots Alliance. James Kehoem, global chief financial officer at Boots parent company, Walgreens Boots Alliance, had said yesterday: ‘We will continue to optimise our locations and opening hours, and expect to close an additional 300 locations in the UK and 150 locations in the US.’
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