LONDON—British health and beauty retailer Boots plans to cut 4,000 jobs and close 48 optician stores, in the latest major blow to the country’s retail sector from the COVID-19 crisis.
Walgreens Boots Alliance, the owner of the retailer, said on Thursday its most significant COVID-19 impact had come in Britain, with footfall down 85 percent in April, forcing it to take an impairment charge of $2 billion (£1.6 million).