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Walgreens starts strategic review for UK-based Boots business

(Reuters) - Walgreens Boots Alliance (NASDAQ:WBA) Inc has begun a strategic review of its U.K.-based Boots business, Chief Executive Officer Rosalind Brewer said on Tuesday, as...
Walgreens starts strategic review for UK-based Boots business © Reuters. FILE PHOTO: A logo of the British chemist chain, Boots, is seen in central London October 3, 2005.

(Reuters) - Walgreens Boots Alliance (NASDAQ:WBA) Inc has begun a strategic review of its U.K.-based Boots business, Chief Executive Officer Rosalind Brewer said on Tuesday, as the second largest U.S. pharmacy chain tries to renew its focus on U.S. healthcare.

The Boots business has over 2,200 stores across the UK, which include pharmacies, health and beauty stores, among others, according to the chain's website.

"This review is very much in line with our renewed priorities and strategic direction. In particular, our increased focus on U.S. healthcare. While the process is at an exploratory stage, we do expect to move quickly," Brewer said at the J.P Morgan Healthcare Conference.

The review comes at a time when the company, which was formed in 2014 after the acquisition of stake in Alliance Boots by Walgreens, moves beyond its drugstores with its investments in two smaller healthcare providers, CareCentrix and VillageMD.

Late last year, Walgreens also launched its Walgreens Health unit to provide pharmacy and primary care services in stores, at home, or at a doctor's office and via mobile app.

Boots UK comparable pharmacy sales increased 8.8% in the quarter ended November due to increased footfalls.

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25-01-2022 08:03:43 (UTC+7)

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 EUR/USD1.1270↑ Sell
 GBP/USD1.3455↑ Buy
 USD/JPY114.04Sell
 AUD/USD0.7126↑ Sell
 USD/CAD1.2645Neutral
 EUR/JPY128.52↑ Sell
 EUR/CHF1.0366↑ Sell
 Gold1,840.60↑ Buy
 Silver23.762↑ Buy
 Copper4.4015↑ Sell
 Crude Oil WTI83.23↑ Sell
 Brent Oil85.47↑ Sell
 Natural Gas3.796↑ Sell
 US Coffee C237.95↑ Buy
 Euro Stoxx 504,077.45↑ Sell
 S&P 5004,410.13↑ Buy
 DAX15,105.79Sell
 FTSE 1007,366.93Neutral
 Hang Seng24,243.61↑ Buy
 Small Cap 20002,030.04↑ Buy
 IBEX 358,497.50Neutral
 BASF65.145↑ Buy
 Bayer50.72Sell
 Allianz219.97Neutral
 Adidas240.07↑ Sell
 Lufthansa6.713Sell
 Siemens AG137.75↑ Sell
 Deutsche Bank AG10.942Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,195/ 6,245
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SJC HCM6,190/ 6,255
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SJC Hanoi6,190/ 6,257
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SJC Danang6,190/ 6,257
(40/ 45) # 1,213
SJC Nhatrang6,190/ 6,257
(40/ 45) # 1,213
SJC Cantho6,190/ 6,257
(40/ 45) # 1,213
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KRW16,3519,92
Cập nhật lúc 18:49:50 25/01/2022
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