Home > PJ > News / Daily News

Return to PJ Online Home Page

The Pharmaceutical Journal Vol 267 No 7171 p585-589
27 October 2001

This article
Reprint
Photocopy


News summary


Boots to spend £2m on preparing for euro in Ireland

Boots The Chemists is to spend over £2m on preparations for the euro at its stores in the Republic of Ireland and Northern Ireland.

The chain has just 29 outlets in the Irish Republic but it has been embracing the changeover to the new currency with enthusiasm. By 1 January 2002, when the euro replaces the Irish punt, Boots will have spent IR£2.7m training staff and adapting its tills to ensure a trouble-free transition for customers.

The company began preparing for the euro in 1998. The strategy has been to use the Irish experience as a dry run, in case Britain eventually decides to join the euro.

Stuart Brown, who manages four Boots branches in the large Dublin suburb of Tallaght, is currently operating as euro communications and training manager, preparing staff across the Irish Republic for the changeover. All items have been dual priced, showing the cost in both punts and euros, and tills have been adjusted to provide receipts in both currencies. Some suppliers are already including euro totals in their invoices.

At the same time, 2,000 staff at the 60 Boots stores in Northern Ireland (officially outside the euro zone) are also being specially trained for the changeover.

"After 1 January, we will be operating a three currency system on this island, involving euros, punts and sterling," says Mr Brown, "and staff on both sides of the Irish border have to be trained in how to cope with it.

"Inevitably, with so many people moving between the two parts of the island on business, holiday or whatever, there will be an overlap of currencies. We have to ensure that all our Irish staff are able to handle that, and to meet customers' needs and queries. There has been no opposition to euro training among our staff in Northern Ireland — in fact, they all welcome it."
Contributed.

Back to Top


Home | Journals | News | Notice-board | Search | Jobs  Classifieds | Site Map | Contact us

©The Pharmaceutical Journal