Analysis: Back to full health – what would Boots need from a new owner?

Boots

While Boots’ strategy has led to the growth of certain categories over the pandemic, some areas of the business are suffering due to underinvestment. Retail Week examines what a potential new owner of the retailer would need to focus on in order to bring Boots back to full health.

When the news broke that Walgreen Boots Alliance (WBA) was pondering potential options around its ownership of Boots this week, the prospect of the iconic British brand being placed on the market was surely an enticing prospect for many.

Reports of a potential sale or separate listing also arrived at a time of substantial interest from private equity firms in UK businesses, as was evident from the acquisitions of grocers Asda and Morrisons this year. Boots’ rival Lloyds Pharmacy was also acquired by private equity firm Aurelius last month for £477m.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.