Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Thursday 19 January 2023 1:17 pm

Lloydspharmacy to axe outlets within Sainsbury’s supermarkets

By: City PM reporter

Add as a preferred source on Google

Lloydspharmacy has said it will pull out of its 237 pharmacy sites within Sainsbury’s supermarkets.

The pharmacy chain said it has cut the services following a strategic review “in response to changing market conditions”.

Lloydspharmacy added that it is “exploring options” for each branch individual and will confirm exact closure plans on a “branch-by-branch” basis but expects to complete the process over the course of 2023.

It stressed that it is working with all colleagues impacted by the announcement but did not disclose how many workers would be affected.

Kevin Birch, chief executive officer of Lloydspharmacy, said: “This decision has not been an easy one and we understand that our patients and customers may have questions about how the change will affect them.

“We would like to thank them for their continued support and assure them that we are committed to providing a smooth transition over the coming months.

“I am very grateful to all our colleagues for their dedication to our patients, customers and communities.”

A Sainsbury’s spokeswoman said: “Lloydspharmacy is withdrawing pharmacy services from our stores over the coming months.

Read more

Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth

Tesco supermarket exterior showcasing brand signage and entrance with shoppers entering and exiting the store.

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

The decision comes seven years after Lloydspharmacy first snapped up the pharmacies from the retailer for £125m.

It comes amid growing pressure on the UK pharmacy sector, following calls for increased state funding support.

Nigel Swift, deputy managing director at pharmacy group Phoenix UK, said: “This announcement is the clearest possible sign of the dire situation facing community pharmacy in England as a result of insufficient government funding.

“Since the start of the pharmacy contract there has been a massive cut in real-term funding resulting in hundreds of closures.

“This has to be a wake-up call for government.”

By Henry Saker-Clark, Press Association

Read more

Boots eyes £7.5bn sale in blow to hopes of London IPO

Boots remains one of the group’s best performing business lines, with a London float suggested as recently as last year. (Photo by Oli Scarff/Getty Images)

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Jobs and Money

Categories

  • Business

Related Topics

  • Sainsbury (J)

Trending Articles

  • Burnham told to launch £100bn tax reform package

  • Billionaire Easyjet founder in line for £800m payday from takeover

  • Construction sector cuts jobs again as house building slumps

  • Harry Styles at Wembley Stadium review: running through the grief

  • Tickets for England World Cup quarter vs Norway on sale for $8m

More from City PM

  • Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth

    Economics
    Tesco supermarket exterior showcasing brand signage and entrance with shoppers entering and exiting the store.
  • Boots eyes £7.5bn sale in blow to hopes of London IPO

    Retail
    Boots remains one of the group’s best performing business lines, with a London float suggested as recently as last year. (Photo by Oli Scarff/Getty Images)
  • Australian pharma giant Sigma quits Boots takeover talks

    Retail
    Anthony Hemmerdinger will take over the role from Seb James later this year.
  • Northern Trust Receives Approval for New EU Banking Branch in Ireland

    Business Wire
  • Boots moves closer to London float but billionaire Westons circle

    Retail
    A pair of stylish and durable boots showcased on a wooden floor, highlighting their craftsmanship and premium leather qual...
  • Natwest to pump £50m into branches after shuttering over a thousand

    Banking
    NatWest bank front entrance with logo and signage on urban street, highlighting financial institution presence in the city.
  • Record temperatures boost Sainsbury’s sales but store infrastructure feels the heat

    Retail
    In June, the grocer struck a deal for Natwest to acquire most of Sainsbury’s Bank.
  • Natwest hit with £250m lawsuit tied to Thurrock Council scandal

    Banking
    NatWest bank branch exterior with signage, reflecting current branch network changes amidst financial industry updates

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy