Sales at Boots slump again
Struggling retailer Boots has seen sales fall further in fourth quarter trading.
The Nottingham firm, which is due to close 200 shops, says tough high street conditions and lower funding from the NHS has caused revenues to slip by 2.1% over the period.
Profits at Boots’ US-based owner Walgreen Boots Alliance, slumped by almost 10% – mainly due to its UK performance.
Boots made 350 redundancies in Nottingham earler this year and will shut the 200 stores by the end of 2019.
