More than 200 Boots stores across the UK could be closed in a cost-cutting move currently being explored by its American owners, Walgreens Boots Alliance.
The shops – largely in areas where more than one Boots store is operating – are under review for possible closures. The review will take place over the next 12 to 18 months, the BBC reports.
The retailer has stated that it was always reviewing “underperforming stores and opportunities for consolidation,” adding that it was “being realistic about the future” and that it will “need to be agile to adapt to the changing landscape.”
The chain currently has 2,485 stores across the UK, employing about 56,000 staff.
Boots could now join a growing list of high street names struggling amid the current retail landscape. The increasing popularity of online shopping, higher business rates, rising labour costs and the fall in the pound following the Brexit vote, have all been blamed for the current woes.