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Daily Mirror
Daily Mirror
National
Benedict Tetzlaff-Deas

Lloyds Pharmacy will close all 237 of its branches inside supermarkets by today

A leading pharmacy chain will shut all of its branches inside supermarkets today, it has been reported.

All 237 Lloyds Pharmacy branches located in Sainsbury's will cease operation by the end of business on Tuesday, according to Pharmacy Business magazine.

The closures were originally planned to be phased in over the next year, but have now been brought forward.

An earlier announcement blamed "changing market conditions" for the decision, which is thought to put 2,000 jobs on the line across the UK.

It follows a major restructuring operation at the firm, which is the UK's second-largest chain of chemists behind Boots.

All Lloyds Pharmacy branches will close permanently in Sainsbury's supermarkets by the end of trading on Tuesday (Iain Buist/Newcastle Chronicle)

Multinational private equity firm Aurelius purchased Lloyds Pharmacy from McKesson UK last year.

A spokesperson from LloydsPharmacy told Pharmacy Business: “In January 2023 LloydsPharmacy announced the withdrawal of pharmacy services from all Sainsbury’s stores, to take place throughout 2023.

"It can now confirm that any remaining branches within the Sainsbury’s estate will close by 13th June 2023.”

“Throughout the process, LloydsPharmacy has been committed to helping patients easily find a suitable alternative provision. It has kept patients informed of when services from their specific pharmacy will end so that they can transfer their nominations as needed.”

Earlier this year, Lloyds Pharmacy were also reported to be considering closures of some standalone stores, which are not affected by today's announcement.

Unlike its High Street rivals Boots and Superdrug, which offer a range of health and beauty products, Lloyds Pharmacy is more reliant on its pharmacy dispensing business amid a challenging time for the sector.

This accounts for approximately 87% of its sales, according to The Grocer magazine.

At the time of the previous announcement, a Sainsbury’s spokesperson said: “LloydsPharmacy is withdrawing pharmacy services from our stores over the coming months.

“We will work with them to ensure customers are clear on how they can access an alternative pharmacy provision to meet their needs.”

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