Smart History

Media Bites 7 June: Boots, British American Tobacco, ABF

The finance boss of Boots, Britain’s biggest high street pharmacy chain, has quit a year after its US parent abandoned plans to sell the business. (Sky News) The new chief executive of British American Tobacco has committed to sticking with the company’s strategy, but has noted weaknesses in its key American combustibles market and in the performance of glo, its tobacco heating product (The Times £). British American Tobacco gained 900,000 more users of non-combustible products, such as vapes, in the first quarter amid a continued shift away from smoking (The Daily Mail). Associated British Foods has boosted its agri-food operation with the acquisition of a dairy technology business in a dea... [Read more]

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