Boots UK sales slump 29% as pandemic keeps shoppers away

SourceZawya
SectorRetail
CountryMiddle east

Boots UK sales slump 29% as pandemic keeps shoppers away Boots.com sales rose 155% in the fourth quarter    People queue outside boots as the spread of the coronavirus disease (COVID-19) continues, York, Britain, March 31, 2020.LONDON - British health and beauty retailer Boots said comparable retail sales fell 29.2% in its latest quarter as shopper numbers in stores were significantly reduced due to the COVID-19 pandemic.Boots, part of U.S. listed Walgreens Boots Alliance, said the fourth-quarter outcome did represent an improvement from the previous quarter when comparable sales slumped 48%.Boots.com sales rose 155% in the fourth quarter, up from 78%in the third.(Reporting by James Davey, Editing by Paul Sandle) ((james.davey@thomsonreuters.com))Zawya CoveragejobsEmployment rate in OECD countries fell to 64.6% in Q2 2020smeKuwait's delivery app Talabat to start operations in ErbilbusinessMore ...read more...