Boots UK

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boobys UK Limited
Type Private limited company
Industry Pharmaceuticals
Healthcare
Beauty
Founded 1849 (Nottingham)
Founder(s) Jesse Boot
Headquarters Nottingham, United Kingdom
Area served United Kingdom
Products No 7 - Makeup
Soltan - Sun cream
Almus - Generic Drugs
Owner(s) holly evans,bobby jones,katie evans
Parent Alliance Boots
Subsidiaries Boots Opticians
Website Corporate website
Retail website

Boots UK Limited[1] (commonly known as Boots) is a leading pharmacy chain in the United Kingdom, with outlets in most high streets throughout the country. The company has been a subsidiary of Alliance Boots since 31 July 2006, following the merger of its then-parent Boots Group plc with Alliance UniChem plc, and combines the former Boots the Chemist Ltd. and Boots Stores Ltd.

Contents

[edit] History

[edit] 19th and 20th centuries

[File:Boots advert.jpg|thumb|right|An advertisement for Boots from 1911.]]

Boots was established in 1849, by John Boot. After his father's death and , Jesse Boot, aged 10 helped his mother run the family's herbal medicine shop in Nottingham, England.[2] In 1920, Jesse Boot sold the company to the American United Drug Company.[3] However, deteriorating economic circumstances in North America saw Boots sold back into British hands in 1933[3] with the grandson of the founder, John Boot, who inherited the title Baron Trent from his father, at the head of the Company.[4] In 1968 it acquired the 622-strong Timothy Whites and Taylors Ltd chain.[3]

In 1982, the company opened a new manufacturing plant in Cramlington, Northumberland.[3]

In 1991, Boots began to diversify and bought Halfords, the bicycle and car parts business.[5] The company later sold Halfords in 2002.[6]

In the early 1990s, the Company also developed the Children's World business but sold it in 1996 to Mothercare.[7]

Boots branched into dentistry in 1998, with a number of stores offering this service.[8] Boots sold its Do-It-All home furnishings chain to Focus in 1998.[9]

[edit] 21st century

Boots also made a venture into "Wellbeing" services offering customers treatments ranging from facials, homeopathy, and nutritional advice to laser eye surgery and Botox but these services were abandoned in 2003.[10]

In late 2004, Boots sold the Laser eye surgery services to Optical Express.[11]

Boots has also diversified into the research and manufacturing of drugs. It developed Ibuprofen, a painkiller and in 1994 divested production to BASF,[12] and in 2006 sold the Nurofen brand to Reckitt Benckiser.[13]

Boots considered selling sex toys in 2005 but subsequently cancelled this plan.[14]

On 1 October 2005, rumours began to circulate that Boots and Alliance UniChem were planning a merger, although there had been no official announcement. This was formally announced on 3 October by the Chairman of the Boots Group, Sir Nigel Rudd. On 3 October 2005, the merger was confirmed, and the new group took on the name Alliance Boots plc. The merger became effective on 31 July 2006.[15] The new group was subsequently bought by Kohlberg Kravis Roberts and Stefano Pessina, the deputy chairman of Alliance Boots, taking the company private.

[edit] The Boots Estate

The Boots Estate, located near the Nottingham suburb of Beeston, features a range of listed buildings, notably D6 and D10 which are both Grade I, and D31, D36, and D90 which are Grade II. Staff enjoy a staff restaurant, coffee and snack shops, newsagent, a branch of Boots The Chemist, an Opticians branch and cash point situated within beautifully landscaped grounds.

The landscaped grounds include the Millennium Garden which features a herb garden (with some plants that Jesse used in his original herbal remedies) in the shape of a goose foot - harking back to Jesse's original shop on Goosegate in Nottingham United Kingdom.

The Boots Museum is now closed (due to cost cutting) and historical items are in storage.

[edit] See also

[edit] References

  1. ^ Boots UK Limited. "Boots UK". http://www.boots-uk.com/Legal.aspx. Retrieved 20 March 2010. 
  2. ^ Viceira, L. M., & Mitusui, A. M. (2003) Pension Policy at The Boots Company PLC, Harvard Business Review, Havard Business School, 27th August 2003
  3. ^ a b c d Boots Learning Store
  4. ^ 'Interwar retail internationalization: Boots under American ownership', International Review of Retail, Distribution and Consumer Research, 7(2), 1997
  5. ^ And it's all thanks to a passion for a penny-farthing bicycle Times Online
  6. ^ Boots sells Halfords The Guardian
  7. ^ Boots in Childrenswear pact to sell Adams range The Telegraph
  8. ^ Boots to launch dental clinics
  9. ^ Boots decides that for £68m Focus can do-it-all
  10. ^ Boots ditches well being strategy The Independent
  11. ^ Optical Express buys Boots laser business Optician Online
  12. ^ Boots is pacesetter for drug chains in the UK
  13. ^ Boots sells Nurofen in £1.9bn deal The Telegraph
  14. ^ Boots shelves sex toys sale plan BBC News
  15. ^ Boots announces £7bn merger BBC News

[edit] External links


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