Boots has announced it is going to shut 300 of its stores across Britain over the next year. The historic retailer revealed the raft of closures despite posting stronger sales over the latest quarter.
The move, which it said will impact stores in close proximity to other sites, will reduce its portfolio from 2,200 to 1,900 stores. Boots said there are no proposed redundancies for the 52,000 staff despite the plan, with plans to redeploy affected workers.
A Boots spokesperson said: "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."
