1. Alliance Boots has improved profitability with inventory control, improved buying terms.
2. It plans to cut costs by 100 million pounds a year by 2010. KKR bidding to take it over wants to accelerate its cost-reduction plans
3. It plans to relocate some stores and close others.
Frugality and asceticism are clearly not for hermits alone.
[Click here for full story at: BLOOMBERG.COM]
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