Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of other goods, except motor vehicles and motorcycles
47.7 - Retail sale of other goods, except motor vehicles and motorcycles

700 jobs
Number of planned job losses
Job loss
Announcement Date
27 March 2003
Employment effect (start)
Foreseen end date

Description

Boots, the high street chemist and general retailer, announced today it will axe 700 jobs after pulling the plug on its health and beauty services business. The Boots brand Wellbeing Services will no longer exist and the retail stores selling it will close. Such outlets were to be found all over the UK.


Sources

  • 27 March 2003: The Guardian

Citation

Eurofound (2003), Boots, Internal restructuring in United Kingdom, factsheet number 60252, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60252.