It is imperative to question the alignment of Boots Pharmacy amidst the mounting concerns regarding the Israel-Palestine conflict. The growing curiosity and debates surrounding the prominent British health and beauty retailer and pharmacy chain’s association with Israeli markets has escalated.
Therefore, an in-depth exploration of the interactions between Boots Pharmacy and Israel is warranted.
Also See: SPAR View on Israeli-Palestinian Situation
Israel Attracts Boots Pharmacy’s Interest
Boots Pharmacy, which operates under Walgreens Boots Alliance, is actively seeking business opportunities in Israel’s healthcare market, despite previously claiming otherwise.
It is currently in negotiations with Israeli suppliers and has planned a delegation to Tel Aviv to meet with over 30 companies, including Ahava Dead Sea Laboratories and CTS Chemical Industries.
However, this move has raised concerns about potential profiting from disputed territories and sparked debates about corporate responsibility and human rights compliance. Additionally, shareholders such as Vanguard Fiduciary Trust Co. and BlackRock Advisors LLC have a significant influence on Boots Pharmacy’s strategic decisions.
- Boots Pharmacy, a subsidiary of Walgreens Boots Alliance, is currently engaging in discussions with Israeli suppliers, suggesting a potential interest in the country’s healthcare market.
- Despite previous claims of non-operation in Israel, Boots’s actions demonstrate an intention to expand their purchases from the region.
- The company’s commitment to Israel’s medical field is further emphasized by an upcoming delegation to Tel Aviv, arranged by the Israeli embassy in London.
- Over 30 companies will be met with, including Ahava Dead Sea Laboratories and CTS Chemical Industries, sparking concerns over profiting from disputed territories.
- It is worth noting that Boots Pharmacy’s strategic decisions are influenced by shareholders of Walgreens Boots Alliance, Inc., such as Vanguard Fiduciary Trust Co. (9.641%) and BlackRock Advisors LLC (5.928%).
Link Proof:
- https://www.thejc.com/news/boots-gearing-up-for-a-big-move-into-israel-t5f3id7c
- https://bdsmovement.net/news/call-action-uk-against-boots-profitting-occupation
- https://www.haaretz.com/2008-06-13/ty-article/british-drugstore-chain-boots-set-to-shop-for-bargains-in-israel/0000017f-db7c-df9c-a17f-ff7cd8930000
- https://www.marketscreener.com/quote/stock/WALGREENS-BOOTS-ALLIANCE–19356230/company/
Read More: Investigating Londis’ Support and Investment in Israel
It is evident from the aforementioned facts that Boots Pharmacy has played a role in bolstering Israel’s economy, with the majority shareholders of the company, Vanguard Fiduciary Trust Co. and BlackRock Advisors LLC, also investing in weapon suppliers to Israel.
However, as an advocate for peace and against occupation, it is imperative that we refrain from purchasing Boots Pharmacy products due to their close economic ties with Israel as the occupier of Palestine.
