Boots, withdraws from the pharmacy market in 3 years
By Kim JiEun | translator Choi HeeYoung
20.04.06 12:20:16
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Walgreens Boots Alliance & E-Mart entered the H&B store market in 2017
Business collapsed due to sluggish profitability, 33 stores closed in sequence
The first branch, closed on the 5th, couldn't end the contract period and closed
According to the industry on the 6th, the company recently decided to withdraw its entire business and closed the recently opened stores.
In 2017, E-Mart received a lot of attention in the H&B market as it landed in Korea by exclusively contracting with Walgreen Boots Alliance, the UK's No.1 H & B store company.
In addition to opening and operating 33 stores only in the year of landing in Korea, it was also differentiated from existing H & B stores based on ¡°Premium¡±.
Kim JiEun(bob83@dailypharm.com)
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