Boots Opticians Explained

Boots Opticians Limited
Former Name:Clement Clarke Limited (19351987)[1]
Type:Subsidiary
Location:Beeston, Nottingham, England, UK
Area Served:UK
Key People:James Arrow (Managing Director)[2]
Industry:Ophthalmic & dispensing opticians
Products:Spectacles, contact lenses
Revenue: £235.5m (2011) [3]
Operating Income: £17.7m (2011)
Net Income: £13.1m (2011)
Owner:Walgreens Boots Alliance
Num Employees:4,156 (average full-time equiv, 2011)
Parent:Boots UK (1987–present)
Subsid:Boots Opticians Professional Services

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.[4] 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.<ref name="bpost">News: Boots takes over Dollond & Aitchison . Griffin . Jon . 29 January 2009 . . 29 January 2009 . 1 February 2009 . https://web.archive.org/web/20090201142254/http://www.birminghammail.net/news/top-stories/2009/01/29/boots-takes-over-dollond-aitchison-97319-22810046/ . dead . [5] In May 2019, the company was reported to be considering closing more than 200 stores within two years.[6]

there were around 630 stores, 180 of them operated by franchisees.[7] Amid falling sales during the COVID-19 pandemic, plans to close 48 stores were announced in July 2020.[8]

Misconduct case

In February 2019, the General Optical Council (GOC), the regulator for the optical professions in the UK, imposed a fine of £50,000 – the maximum allowed – on Boots Opticians Professional Services Ltd for mishandling a whistleblower case. In 2014, an optometrist employed by Boots had uncovered deficiencies in earlier work of another employee, affecting several patients, and Boots management had not responded appropriately. The GOC ruled that the company's fitness to carry on business was "impaired by reason of misconduct".[9] [10]

See also

Notes and References

  1. Web site: 1935-07-01 . Clement Clarke Limited overview - Find and update company information - GOV.UK . 2024-02-13 . . en.
  2. Web site: Boots Opticians Professional Services Ltd, Annual Report and Financial Statements for the year ended August 2020 . gov.uk . AAA.
  3. Boots Opticians Professional Services Ltd, Directors' report and financial statements for the year ended 31 March 2011, approved 30 June 2011.
  4. Web site: Boots Opticians Limited. 2020-09-05. Companies House. en.
  5. Web site: Boots Opticians to merge with Dollond & Aitchison . 29 January 2009 . Alliance Boots . 5 June 2013 . dead . https://web.archive.org/web/20140606212741/http://www.allianceboots.com/news/boots-opticians-to-merge-with-dollond-aitchison.aspx . 6 June 2014 .
  6. News: Boots UK closures: Is your local store closing? Boots reviewing 'underperforming' stores. Sheldon. Jess. 29 May 2019. Daily Express. 21 January 2020.
  7. Web site: Why Boots Optical Franchising?. 2020-01-21. www.bootsopticiansfranchise.com. 19 October 2020. https://web.archive.org/web/20201019204715/https://www.bootsopticiansfranchise.com/why-boots. dead.
  8. Web site: Coker. James. 2020-07-09. Boots announces 4,000 job losses as it focuses on digital. 2020-09-05. Essential Retail. 14 August 2020. https://web.archive.org/web/20200814162718/https://www.essentialretail.com/news/boots-job-losses-focuses-digital/. dead.
  9. Web site: GOC imposes financial penalty on Boots Opticians LTD. 1 March 2019. General Optical Council. 2020-01-28. 29 January 2020. https://web.archive.org/web/20200129015320/https://www.optical.org/en/news_publications/news_item.cfm/goc-imposes-financial-penalty-on-boots-opticians-ltd. dead.
  10. Web site: Determination of a Substantive Hearing. 27 February 2019. General Optical Council. 28 January 2020. 26 June 2021. https://web.archive.org/web/20210626150058/https://www.optical.org/download.cfm?docid=CB97D92D-916B-4CCD-834699046629BF08. dead.