Boots first-quarter profits slide despite online sales surge

Boots has revealed it will revive its staff bonus scheme

Boots has reported a further decline in its quarterly profits and sales, despite its online sales more than doubling year on year.

In the quarter to November 30, Boots’ adjusted gross profit declined 11.5% year on year, exacerbated by a 9.1% decline in like-for-like sales across its retail division.

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