Nottingham-headquartered Boots is planning to close 300 shops as it looks to evolve its store estate.
Over the next year Boots will continue to consolidate a number of stores in close proximity to each other, saying this will allow the company “to concentrate its team members where they are needed and focus investment more acutely in individual stores with the ambition of consistently delivering an excellent and reliable service in a fresh and up to date environment.”
No jobs are expected to be lost, with employees offered roles at nearby shops.
The news comes as Boots announced its third quarter retail sales were up 13.4% year on year.
More customers are shopping at Boots more often, with the number of transactions up both in store and online, with footfall growth ahead of the wider retail market. City centre flagship and travel stores saw the biggest increase, while digital sales also continued to grow, up 25.2% year on year.
Seb James, Managing Director, Boots UK and ROI, said: “Our focus on offering our customers the best in healthcare and beauty, together with a continued commitment to great value, has been well received, and it is lovely to see more people choosing to shop with Boots. It is particularly pleasing to see our owned brands proving popular, including an exceptional No7 performance. I would like to thank all of our team members for their hard work in delivering these results.”
