|
Boots Group
Boots UK Limited (formerly Boots the Chemists Limited) is a British health and beauty retailer and pharmacy chain that operates in the United Kingdom. It also operates internationally, including Ireland, Italy, Norway, the Netherlands, Thailand and Indonesia. The parent company, The Boots Company plc, merged with Alliance UniChem in 2006 to form Alliance Boots. In 2007, Alliance Boots was bought by Kohlberg Kravis Roberts and Stefano Pessina, taking the company private, and moving its headquarters to Switzerland, making it the first-ever FTSE 100 company to be bought by a private equity firm. In 2012, Walgreens bought a 45% stake in Alliance Boots, with the option to buy the rest within three years. It exercised this option in 2014, and as a result Boots became a subsidiary of the new company, Walgreens Boots Alliance, on 31 December 2014. Boots is one of the largest retailers in the UK and Ireland, both in terms of revenue and the number of shops. As of December 2024, Boot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boots Opticians
Boots Opticians Limited operates a chain of ophthalmic and dispensing optician stores in the United Kingdom. The company is a subsidiary of Walgreens Boots Alliance (58%) and De Rigo (42%). History The company began trading in the British optical retail market in 1983 in Nottingham, before opening practices in Peterborough, Leeds, Mansfield, Luton and Derby in 1984. Boots Opticians Ltd was formed as a subsidiary of Boots The Chemists Ltd in 1987, with the acquisition of Clement Clarke Ltd. and Curry and Paxton Ltd. All of Boots Opticians' laser eye surgeries were bought by Optical Express in late 2004. On 29 January 2009, it was announced that Boots Opticians were to merge with Dollond & Aitchison, forming a chain of 690 stores and 5,000 staff after Boots purchased a controlling share in D&A. In May 2019, the company was reported to be considering closing more than 200 stores within two years. there were around 630 stores, 180 of them operated by franchisees. Amid fallin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audiology
Audiology (from Latin 'to hear'; and from Ancient Greek, Greek branch of learning , ''wikt:-logia, -logia'') is a branch of science that studies hearing, balance, and related disorders. Audiologists treat those with hearing loss and proactively prevent related damage. By employing various testing strategies (e.g. behavioral hearing tests, otoacoustic emission measurements, and electrophysiologic tests), audiologists aim to determine whether someone has normal sensitivity to sounds. If hearing loss is identified, audiologists determine which portions of hearing (high, middle, or low frequencies) are affected, to what degree (severity of loss), and where the lesion causing the hearing loss is found (outer ear, middle ear, inner ear, auditory nerve and/or central nervous system). If an audiologist determines that a hearing loss or vestibular abnormality is present, they will provide recommendations for interventions or rehabilitation (e.g. hearing aids, cochlear implants, appropria ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Optician
An optician is an individual who fits glasses or contact lenses by filling a refractive prescription from an optometrist or ophthalmologist. They are able to translate and adapt ophthalmic prescriptions, dispense products, and work with accessories. There are several specialties within the field. Types Dispensing optician or ophthalmic dispenser A dispensing optician is anyone who prepares, fits, and dispenses prescription lenses, spectacles, glasses, contact lenses, or any other type of vision-correcting optical device to the intended user. They may interpret optical prescriptions issued by an ophthalmologist, optometrist, or physician for the lab optician who fabricates vision-correcting optical lenses. They also measure inter-ocular or pupillary distances, vertex distances, pupil fitting heights, and frame angles to determine the proper position of vision-correcting lenses. In addition, they adapt, modify, or align frames with vision-correcting lenses to the face of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Street
High Street is a common street name for the primary business street of a city, town, or village, especially in the United Kingdom and Commonwealth. It implies that it is the focal point for business, especially shopping. It is also a metonym for the retail sector. While many streets, such as Camden High Street (in London), bear this name, streets with similar function but different names are often referred to as "high street". With the rapid increase in consumer expenditure, the number of High Streets in England grew from the 17th century and reached a peak in Victorian Britain, where, drawn to growing towns and cities spurred on by the Industrial Revolution, the rate of urbanisation was unprecedented. Since the latter half of the 20th century, the prosperity of High Streets has been in decline due to the growth of out-of-town shopping centres, and, since the early 21st century, the growth of online retailing, forcing many shop closures and prompting the UK government to cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago Tribune
The ''Chicago Tribune'' is an American daily newspaper based in Chicago, Illinois, United States. Founded in 1847, it was formerly self-styled as the "World's Greatest Newspaper", a slogan from which its once integrated WGN (AM), WGN radio and WGN-TV, WGN television received their call letters. It is the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region, and the List of newspapers in the United States, sixth-largest newspaper by print circulation in the United States. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the then new Republican Party (United States), Republican Party's progressive wing. In the 20th century, under Medill's grandson 'Colonel' Robert R. McCormick, its reputation was that of a crusading newspaper with an outlook that promoted Conservatism in the United States, American conservatism and opposed the New Deal. Its reporting and commenta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walgreens
Walgreens is an American pharmacy store chain. It is the second largest in the United States, behind CVS Pharmacy. As of March 2025, the company operated more than 8,700 stores in the U.S. Walgreens has been the subject of a number of lawsuits over discrimination, drug fraud, federal billing fraud, distribution of opioids, discrepancies between shelf price and scanned price, overcharging, illegal disposal of hazardous waste, selling expired items, misleading investors, unlicensed pharmacists, and wage theft. Founded in Chicago in 1901, Walgreens is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens acquired Switzerland and UK-based Alliance Boots, and formed a new holding company, Walgreens Boots Alliance. Walgreens became a subsidiary of the new company, which retained its Deerfield headquarters and trades on the Nasdaq under the symbol WBA. In 2021 the company was one of several pharmacy chains found by a federal jury to have sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Equity
Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the companies. In casual usage "private equity" can refer to these investment firms rather than the companies in which they invest. Private-equity capital (economics), capital is invested into a target company either by an investment management company (private equity firm), a venture capital fund, or an angel investor; each category of investor has specific financial goals, management preferences, and investment strategies for profiting from their investments. Private equity can provide working capital to finance a target company's expansion, including the development of new products and services, operational restructuring, management changes, and shifts in ownership and control. As a financial product, a private-equity fund is private capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is the United Kingdom's best-known stock market index of the 100 most highly capitalised blue chips listed on the London Stock Exchange. History The index started on 3 January 1984, having been constructed by the London Stock Exchange to better reflect activity on the market. The index would replace the Financial Times' own FT 30 after its public unveiling on 14 February. As late as 10 February, the Stock Exchange referred to the index as 'SE 100', cutting out the Financial Times who had not contributed to its construction. Recognition was ultimately given to the fact that having the FT involved in the official launch possessed value. The new index allowed the Stock Exchange's own London Traded Options Market (LTOM) to launch an options contract derived from the FTSE's real-time data in May 1984, while competitors LIFFE were quick to coinci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stefano Pessina
Stefano Pessina (born 4 June 1941) is an Italian-Monegasque billionaire businessman; he is the executive chairman and largest single shareholder of Walgreens Boots Alliance. Early life Pessina was born in Pescara and grew up between Milan, Como, and Naples. He graduated from the Polytechnic University of Milan in nuclear engineering before starting his career in academia and later joining market research firm ACNielsen in Milan. He wanted to be a nuclear physicist but was discouraged by the tumultuous political climate of 1970s. Career In 1977, Pessina took over his family's pharmaceutical wholesaler (possibly Petrone Group) in Naples, and turned it into Alliance Santé, a Franco-Italian pharmaceutical wholesale group. In 1997, it merged with Alliance UniChem. From 2001 to 2004, he was its CEO. He was deputy chairman, and later chairman. The company merged with Boots Group PLC in 2006 and was taken private in July 2007. Pessina was chairman of Alliance Boots from 2007 to 2014 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private-equity and investment company. , the firm had completed private-equity investments in portfolio companies with approximately $710 billion of total enterprise value. Its assets under management (AUM) and fee paying assets under management (FPAUM) were $553 billion and $446 billion, respectively. KKR was founded in 1976 by Jerome Kohlberg Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 2007 buyout of TXU, which is currently the largest buyout completed to date. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alliance Boots
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. It had two core business activities – pharmacy-led health and beauty retailing, and pharmaceutical wholesaling and distribution – and also increasingly developed and internationalised its product brands. The company was formed in 2006 by the merger of the British high street pharmacist Boots Group and the pan-European wholesale and retail pharmacy group Alliance UniChem and was listed on the London Stock Exchange as Alliance Boots plc. In 2007 it was bought out in a private equity transaction by AB Acquisitions Limited, led by Stefano Pessina and Kohlberg Kravis Roberts (KKR). Alliance Boots GmbH was established in Switzerland during ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
