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Walgreens Considers Selling Boots, Maker of No7 Color Cosmetics

Retailer wants to focus on its US healthcare business.

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By: TOM BRANNA

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Walgreens Boots Alliance CEO Rosalind Brewer said the group is “exploring strategic options” for the Boots business, which operates a chain of drugstores in the UK. The move reflects Walgreens' plan to increase its US healthcare business. Brewer's comments came during a presentation at the JPMorgan Annual Healthcare Conference.  “We have initiated a strategic review of the Boots business,” Brewer said. “This review is very much in line with our renewed priorities and strategic direc...

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