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Last Updated: Thursday, 22 July, 2004, 09:16 GMT 10:16 UK
Store overhaul lifts Boots sales
Boots store
A revamp of operations seems to be working
A revamp of store operations at Boots has helped to lift sales at the health and beauty retailer.

First-quarter sales at Boots the Chemist stores - which account for about 85% of Boots' profits - grew 5.4%, or 4.4% on a like-for-like basis.

The firm said it was improving its supply chain and store systems as part of an overhaul of the business.

Boots is also cutting prices and extending opening hours as it seeks to counter competition from supermarkets.

"Continued growth in Boots The Chemists shows the positive response of customers to improving value and convenience," said chief executive Richard Baker.

Boots' Healthcare division saw like-for-like sales up by 6.3%, helped by growth in the firm's prescription collection service.

Price cutting helped to lift sales by 3% in its beauty and toiletries side, while the Lifestyle section was boosted by the introduction of a low-carbohydrate Atkins diet food range.




SEE ALSO:
Boots unveils strong sales growth
16 Jan 04  |  Business
Boots confirms 900 jobs to be cut
15 Jan 04  |  Business
Tesco price cuts to target Boots
04 Jan 04  |  Business


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