Boots ‘could close 200 stores’ in latest high street blow

Boots could be set to close hundreds of stores in the latest blow to hit UK high streets.

Walgreens Boots Alliance (WBA), the American owner of the chemist, has reportedly placed more than 200 of its shops under review, according to Sky News.

The outlets under review could face closure during the next two years.

According to sources, Boots said decisions were still under discussion, however confirmed that a large number were likely to close.

Speaking last month, WBA said that the review was ‘focusing on low-performing stores and opportunities for consolidation’.

At least 10% of the chain’s stores would be shut if the 200 under review are closed.

The news follows a huge blow for Sir Philip Green’s retail empire, which confirmed last week that it will close 23 shops, putting 520 jobs at risk.

The stores will include Dorothy Perkins, Burton, Topshop and Topman.

It’s part of a rescue proposal for Arcadia Group which will see rent cut at another 194 outlets.