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Boots hails positive momentum after increase in quarterly sales

Boots has said it delivered a strong set of results in the three months to 31 May when retail and pharmacy sales increased by 6% and… View Article

GENERAL MERCHANDISE NEWS

Boots hails positive momentum after increase in quarterly sales

Boots has said it delivered a strong set of results in the three months to 31 May when retail and pharmacy sales increased by 6% and 5.8% respectively.

The health and beauty retailer’s digital sales continued their rapid growth, climbing by 13.8% in the quarter. Boots said its investment in the Boots app helped to drive the uplift due to more customers choosing to shop personalised offers via their phone .

In-store sales were also strong with a rise of 3.8% driven by higher footfall in flagship, destination health and beauty, and travel stores. Airport stores performed particularly well following refits of four Boots airport stores within the quarter.

Boots said its NHS Pharmacy First Service continues to be well received by customers and has now delivered over 20,000 consultations in England on average each month since the service launched in January.

Sebastian James, Boots UK & ROI CEO, said: “This is another set of consistently strong results for Boots. I am pleased to see our positive momentum continue across the whole business, with both retail and healthcare increasing sales and a thirteenth consecutive quarter of market share growth.

“We continue to focus on making exciting new brands and services accessible, whilst focusing on value and rewarding loyalty.”

Meanwhile, Boots’ parent company Walgreens Boots Alliance has announced that it is planning to shut more of its underperforming stores in the US.

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