Share of the Week: Picking Itself Up by Its Boots-Straps

Summary


THE worst may now be over for Boots, the ubiquitous chain of chemists, which last week unveiled a 23.6 per cent drop in profits.

Chief executive Richard Baker has spent his first year trying to get the company to focus on its core strengths. In practice that means abandoning forays into dentistry, laser eye treatment and chiropody, and reducing head office and manufacturing costs.

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Extract


Share of the Week: Picking Itself Up by Its Boots-Straps

Getting back to basics is an o...

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