16 JUNE 1939, Page 48

BOOTS RECORD SALES

Although they showed net profits slightly below the record figure, Boots Pure Drug Company achieved record sales in the year ended March 31st. At the meeting last week the chair- man, Lord Trent, announced that the total number of sales transactions increased by over 4,000,000, while the number of prescriptions dispensed also rose to a new record, increasing by over 5oo,000. He disclosed that the company also spent more on its shop properties than in any previous year, and had increased the total number of branches to 1,195. Lord Trent was not to be drawn into prophecy in the present state of uncertainty, but he allowed himself to speak with reason- able confidence of the present state of trade. Trade as a whole in the country is, he says, good, in spite of bad patches, and the company is fortunate in having branches in districts where there has been a great improvement in the unemployment (Continued on page 1070)

FINANCIAL NOTES

(Continued from page 1068) figures, as well as in places where trade is not so good. The research side of the business has made important progress, both in medical specialities and in its agricultural and horti- cultural sides, and he claimed that a great and growing good- will had been established, both on the professional side of the business and with the public at large.