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An advertisement for Boots from 1911. Boots was established in 1849, by John Boot. [7] After his father's death in 1860, Jesse Boot, aged 10, helped his mother run the family's herbal medicine shop in Nottingham, [8] which was incorporated as Boot and Co. Ltd in 1883, becoming Boots Pure Drug Company Ltd in 1888.
Alliance Boots was a multinational pharmacy-led health and beauty group with corporate headquarters in Bern, Switzerland and operational headquarters in Nottingham and Weybridge, United Kingdom. The company had a presence in over 27 countries including associates and joint ventures and in 2013/14, reported revenue in excess of £23.4 billion. [ 1 ]
Boots forms the main part of the Retail Pharmacy International division of the company. The Boots brand has a history stretching back over 170 years [17] in the United Kingdom (UK) and is a familiar sight on Britain's high streets. [18] Stores are located in prominent high street and city center locations as well as in local communities.
Osco Drug (freestanding stores acquired by and converted to CVS in 2006) Pay 'n Save (acquired by Thirfty Corp. in 1988, rebranded as PayLess Drug) PayLess Drug Stores (purchased by Rite Aid in 1996) Peoples Drug (acquired by CVS in 1990; rebranded in 1994) Perry Drug Stores (acquired by Rite Aid in 1995) Phar-Mor (bankrupt in 2002)
The top 25 pharmacy chain stores represent about 38,000 pharmacy locations in the U.S. and employ about 149,000 on-staff pharmacists. California has 8,015 pharmacies, the most of any state. Texas, Florida, New York, and Pennsylvania round out the top five states for pharmacy locations. [1]
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This resulted in a huge consolidation of the pharmacy market, with vertical integration of the wholesalers and retailers. By 2007 84% of all pharmacies are wholly owned by the three wholesalers, and only 16 pharmacies remain outside the chains. At the same time the number of pharmacies has increased from about 400 to more than 600.