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Boots Is Set To Counter Critics.

Europe Intelligence Wire

| June 09, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Nottingham Evening Post)

While supermarkets and discount retailers are stealing sales from Boots in some sectors, chairman John McGrath points to the fact that it's still number one on what it regards as home turf.

He said: "We are the UK's leading health and beauty retailer." Boots first came on to the radar screens in the City when it started to pull back from high profile, high cost expansions like Wellbeing, an unprofitable wander into complementary health, and the cosmetics-only Pure Beauty chain.

On Friday the Post reported how analysts had questioned the strength of the Boots brand and the success of its refurbishment programme, …

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