Slow Sales for Boots in UK Stores

As reported by The Guardian, Boots has experienced a disappointing 1.7% increase in like-for-like sales in the UK, whilst their international parent company, Alliance Boots, recorded a bumper increase of 15.1%.

Executive chairman, Stefano Pessina thinks the tough conditions are likely to continue, and stated: “Looking to the year ahead, we are planning for consumer demand to be subdued and expect governments to continue to seek ways to contain growth in healthcare expenditure.”

Pessina also stared that as a group they will continue to focus their efforts on international expansion this year despite the challenging market conditions.

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Posted in: Industry News
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