Online shoppers and people opting for own-brand buys and No7 skincare have helped increase revenues at Boots. Sales at the retail and pharmacy giant had a welcome boost over the last three months thanks to shoppers snapping up own label products in a bid to get better value.
However its US owner Walgreens Boots Alliance (WBA), revealed it planned to shut 300 Boots stores over the next year under plans to "consolidate" the business. Most of the closures will be stores within close proximity of one another.
The BBC said it understood there would be no redundancies with staff offered work at nearby stores. There will be 1,900 branches left across the UK from a base of 2,200.
