Boots UK to stock Mothercare products

Boots UK to stock Mothercare products

Branding is seen outside a Mothercare store in Altricham
FILE PHOTO: Branding is seen outside a Mothercare store in Altricham, Britain, May 16, 2018. REUTERS/Andrew Yates

REUTERS: Mothercare said on Friday (Dec 13) Boots UK, owned by US-based Walgreens Boots Alliance, will become its new exclusive franchisee partner and stock the struggling retailer's brand of clothing, home and travel products.

Mothercare, which had appointed administrators for its UK business, said the partnership will initially be for five years, with terms and royalty rates arrangements broadly in line with its existing franchise agreements.

Source: Reuters

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