THE WHAT? Boots has reportedly selected outgoing Currys chief executive Alex Baldock to lead the pharmacy and beauty retailer as it prepares for a potential London stock market listing.

THE DETAILS Baldock is expected to take over leadership of Boots later in 2026, with an official announcement anticipated in the spring. Baldock is credited with leading a turnaround at electrical retailer Currys during his eight-year tenure. The appointment follows Sycamore Partners’ acquisition of Walgreens Boots Alliance in a deal valued at approximately US$10 billion, which resulted in Boots becoming a standalone business.

THE WHY? The reported appointment signals Boots’ focus on strengthening leadership and restructuring the business ahead of a potential public listing and future growth strategy.

Source: Reuters

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