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09/07/2001
BOOTS ANNOUNCES SHARED VENTURE WITH SAINSBURY’S
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.
Although both companies were keen to stress that a merger did not form part of the discussions, an official statement by Boots revealed that “a limited number of store based trials” were currently under consideration, and that further details were to be announced shortly.
The move could be seen as a consolidation of interests as both businesses face increasing competition in their own respective sectors. Tesco ousted Sainsbury from their market leading position over five years ago and the company has failed to recapture its previous form, having this year announced strong sales, but a dip in profits for the second year running.
Boots will also be facing a similar battle over the maintenance of its profit margins with the abolition of Resale Price Maintenance (RPM) on over-the-counter medicines, which will allow a variety of high-street competitors to sell drugs at cheaper prices.
However, both companies have been investing heavily in the promotion of the idea of the “one stop shop” model which aims to combine ‘convenience shopping’ with the availability of extra services which extend the perceived remit of the facilities already offered.
Boots’s recent diversification into specialist medical services such as LASIK clinics means it is the first major retail optician in the UK to offer laser eye surgery, and demand has led to the announcement of plans to open five more clinics in England and Scotland by August of this year. (CL)
Although both companies were keen to stress that a merger did not form part of the discussions, an official statement by Boots revealed that “a limited number of store based trials” were currently under consideration, and that further details were to be announced shortly.
The move could be seen as a consolidation of interests as both businesses face increasing competition in their own respective sectors. Tesco ousted Sainsbury from their market leading position over five years ago and the company has failed to recapture its previous form, having this year announced strong sales, but a dip in profits for the second year running.
Boots will also be facing a similar battle over the maintenance of its profit margins with the abolition of Resale Price Maintenance (RPM) on over-the-counter medicines, which will allow a variety of high-street competitors to sell drugs at cheaper prices.
However, both companies have been investing heavily in the promotion of the idea of the “one stop shop” model which aims to combine ‘convenience shopping’ with the availability of extra services which extend the perceived remit of the facilities already offered.
Boots’s recent diversification into specialist medical services such as LASIK clinics means it is the first major retail optician in the UK to offer laser eye surgery, and demand has led to the announcement of plans to open five more clinics in England and Scotland by August of this year. (CL)
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Travel agency to create 120 jobs at old plant
Keith Prowse Travel, which specialises in the distribution and sale of tickets, is set to create 120 new jobs in Donegal over the next three years at its new customer centre. The British travel agency plans to start its initial recruiting stage next week for around 60 jobs at the centre in Buncrana, County Donegal.
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.
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.
24 September 2009
Waitrose Targets M&S Food
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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.
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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.
Boots in £170m revamp programme
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31 October 2012
Ballgawley Firm Announces Expansion
Enterprise Minister Arlene Foster has announced that Triple Eight Proteins in Ballygawley is expanding with the aim of growing exports of pork and poultry products. The company is a subsidiary of Food-Bridge Ltd, a Cork meat exporting company with an established international network. The parent company is making the investment.
Ballgawley Firm Announces Expansion
Enterprise Minister Arlene Foster has announced that Triple Eight Proteins in Ballygawley is expanding with the aim of growing exports of pork and poultry products. The company is a subsidiary of Food-Bridge Ltd, a Cork meat exporting company with an established international network. The parent company is making the investment.
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