Retail roundup: Boots; Rituals; Diptique; The Fragrance Shop; Superdrug
Has Walgreens revived its plan to sell Boots?
Walgreens Boots Alliance is said to be considering putting the British health and beauty retailer Boots up for sale.
The US-based health, beauty and pharmaceutical company initially attempted to sell Boots in 2022, but abandoned the process after potential buyers failed to reach the asking price of £7bn.
According to Bloomberg, Walgreens is now working with consultants to start talks with interested parties about selling the heritage retailer, which has 2,200 stores in Britain and employs around 55,000 people.
Walgreens is also said to be considering listing Boots on the London stock market.