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Expert View
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There is no doubt that 2005 has been a dreadful year on the high street and as the festive season approaches, most retailers are extremely cautious about their prospects. However, while the economic news has been highly discouraging for those retailers awaiting an upturn in their fortunes, according to retail specialists Verdict there may soon be light at the end of the tunnel ...
Published By Datamonitor
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20 Oct 2005 |
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CommentWire
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As Alliance Boots begins its new life as the world's third-largest pharmacy and wholesale business, it appears that both parties will benefit from this merger. But despite its 22.5% share of the UK retail pharmacy market and over 2,000 pharmacies, it does not insulate it completely from the threat supermarkets pose.
Published By Datamonitor
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01 Aug 2006 |
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Expert View
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During its pre-close trading update, Alliance Boots announced its plans for the refurbishment of the Alliance community pharmacy chain as "your local Boots pharmacy" following trials. These stores will have to show significant uplifts to prove the benefit of the merger to the City.
Published By Datamonitor
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30 Mar 2007 |
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CommentWire
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With strong economic growth, changing demographic patterns, and the reform and expansion of health care systems, China is an attractive market for Alliance Boots. The investment vehicle formed to acquire the 50% share in Guangzhou Pharmaceuticals Corporation, one of China's leading wholesalers, will provide a platform for further expansion.
Published By Datamonitor
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29 Jan 2007 |
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CommentWire
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Alliance Boots delivered a strong set of results considering the challenging economic climate: revenue at its UK health and beauty division grew by 3.1% to GBP6,343 million and like-for-like sales increased by 1.3%. Alliance Boots has strong own-label brands and will need to ensure it focuses on maintaining and developing these in order to differentiate itself from the competition.
Published By Datamonitor
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18 May 2009 |
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CommentWire
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Alliance Boots' strong financial results in its first full financial year as a combined group highlight the wisdom of the merger. Group revenue was up 4.8% to GBP15.3 billion, while trading profit for the 12 months to March 2008 was up 20.3% to GBP771 million. Furthermore, the company is making good gains under difficult conditions and there should be more benefits to come.
Published By Datamonitor
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10 Jun 2008 |
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CommentWire
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The UK's leading health & beauty retailer, Alliance Boots, has reported UK retail growth of 2.5% for the three months ended December 31, 2006. Underlying growth looks set to remain low over the medium-term, but the company should be able to maintain margin improvements into the new year.
Published By Datamonitor
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11 Jan 2007 |
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CommentWire
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Boots' latest growth plans will give it more than 70 stores in Eire, potentially overtaking Ireland's largest pharmacy group Unicarepharmacy, with 59 outlets - although it is looking to expand. While the timing is not ideal, Alliance Boots needs to move now to maintain its position in the Irish market.
Published By Datamonitor
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29 Aug 2006 |
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Expert View
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Just seven months after the two businesses merged, Alliance Boots looks set for a buyout after private equity group KKR and deputy executive chairman Stefano Pessina declared an interest in buying the company. If it goes ahead, this should produce much faster growth.
Published By Datamonitor
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12 Mar 2007 |
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Expert View
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Asda has appointed a managing director for its Asda Living unit. For three years Asda has talked of grand plans for its Living format, but has so far opened only 10 stores. While there remain obstacles ahead, the retailer's appointment of an MD for the business unit is a positive move and takes Asda a step further to realizing its ambition for a 300-store estate.
Published By Datamonitor
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18 Jul 2007 |
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