Profits from Boots’ UK stores slumped by almost a fifth last year as sales fell at Britain’s largest chain of chemists.
Boots UK, which is owned by the US company Walgreens Boots Alliance, reported profits of £317m in 2018, a fall of 18.3% compared with 2017, according to its latest accounts.
Revenues fell by 2.3% to £6.8bn as the company struggled, alongside other high street chains, with increased competition online.
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