Reuters reports that J. Sainsbury has ended its test with Boots Group, which had Boots’ HBC sections in nine of the food retailer’s stores.
“Sainsbury's has learned a lot from this trial but we have been unable to agree commercial terms for roll-out," Sainsbury management said in a statement. The company plans to increase its own HBC presence, according to Sainsbury.
The test began in September 2001. Ironically, there have been reports that the Sainsbury-Boots combination had upped HBC sales by some 10 percent. There had been rumors that Sainsbury might try to acquire Boots, but nothing ever came of it; Sainsbury said it now will concentrate on trying to acquire Safeway Plc, an effort in which it faces at least five likely competitors.
“Sainsbury's has learned a lot from this trial but we have been unable to agree commercial terms for roll-out," Sainsbury management said in a statement. The company plans to increase its own HBC presence, according to Sainsbury.
The test began in September 2001. Ironically, there have been reports that the Sainsbury-Boots combination had upped HBC sales by some 10 percent. There had been rumors that Sainsbury might try to acquire Boots, but nothing ever came of it; Sainsbury said it now will concentrate on trying to acquire Safeway Plc, an effort in which it faces at least five likely competitors.
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