Summary
High street giant Boots said today that the cost of implementing its radical modernisation plan had driven half-year operating profits down by 24pc.
The retailer said the slump reflected higher pensions charges and a raft of price cuts. Clearance of seasonal stock and other marketing activity also contributed to operating profits falling to pounds 204.5m from pounds 268.1m a year ago.See the full content of this document
Extract
Boots in 11pc Fall
The group...
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