Boots in £170m revamp programme

UK high street retailer, Boots is set to spend £170 million in revamping its stores in an attempt to boost sales.

The company plans to introduce a number of new products as well as refurbish 300 stores this year as part of a rolling four-year programme.

The company has come under pressure from rivals recently, particularly the supermarkets, and it is hoping the changes will attract more customers.

Boots made pre-tax profits of £638.7m in the year to March 2002, an increase of 9.9% compared with the previous year.

During the year Boots suspended its loss making ventures the wellbeing channel and bootsphoto.com.


Related Northern Ireland Business News Stories
Click here for the latest headlines.

14 June 2010
CIPR Journalism Awards In Full
Deric Henderson of the Press Association has been awarded the Journalist of the Year title The Belfast Telegraph lifted the title for Coca-Cola CIPR Newspaper of the Year, and the BBC's Spotlight Programme won the Coca-Cola CIPR Scoop of the Year and the Coca-Cola CIPR Current Affairs Programme of the Year for its Irish Robinson Investigation.
20 April 2004
Good year for Tesco as profits top £1.6bn
It has been a good year for the supermarket retailer Tesco which has seen pre-tax profits soar to £1.6 billion, according to the group's full-year preliminary statement issued today. In addition to driving up pre-tax margins by 17.6%, the company said that it had slashed its debts by £600 million, down to £4.1 billion. In the UK, sales grew by 14.
24 September 2009
Waitrose Targets M&S Food
Supermarket chain Waitrose has announced plans to open a network of convenience stores - and to sell Waitrose-branded food in Boots stores. The company has bucked the economic trend and has fared well, despite expectations that it would be hit by the recession.
09 July 2001
THE Boots Company and J Sainsbury are to join together in a new venture that could see the high street chemist open outlets within the supermarket chain’s stores.
14 March 2006
Boots announces plans to cut 2,250 jobs
Health and beauty retailer Boots has announced plans to cut 2,250 jobs from its supply chain operations over the next three years. The High Street chain is set to build a new £70 million automated warehouse in Nottingham, which will allow the chain to replace 17 regional sites with smaller lorry-docking facilities.