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...
7 Mar 2025
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...
13 Jan 2025
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....
13 Sept 2024
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....
1 Jul 2024
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...
28 Jun 2024
Walgreens Boots Alliance Inc. (WBA.O) has reportedly shelved its plans for a potential initial public offering (IPO) of UK-based drugstore chain Boots as it continues to explore other opportunities. On Friday afternoon, Bloomberg News reported that Walgreens Boots Alliance was continuing “informal talks with potential buyers” for Boots, which...
10 Jun 2024
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...
5 Jan 2024
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...
4 Sept 2023
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...
14 Jul 2023
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...
21 Apr 2021