Boots chief quits after Walgreens’ sale plan stalls By Reuters


(Reuters) -The boss of British health and beauty retailer Boots is quitting after U.S. owner Walgreens Boots Alliance (NASDAQ:)’s plans for a sale or stock market listing of the chain stalled, according to a person with knowledge of the situation.

The person said on Saturday that James, who has run Boots since 2018, will remain in post until November before taking up a new role elsewhere.

Sky News first reported James’ exit.

© Reuters. FILE PHOTO: Pigeons are seen resting on signage for Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. REUTERS/Andrew Kelly/File Photo

On Thursday, Walgreens warned on its profit outlook and said it had no plans to sell Boots, having decided to continue to invest in it.

($1 = 0.7910 pounds)


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