Branch closure threat to Lloyds Pharmacy

LLOYDS Pharmacy are axing 190 Market Bosworth. had made market conditions branches across the UK and are Across the UK the company has “challenging” and caused some blaming Government cuts. more than 1,500 stores with a staff outlets to be commercially unvia

Documents outlining theble.clo-ofaround17,000. sures were leaked online. Celesio UK managing director He added: “Although this is a

Bosses at Coventry-based parCormac Tobin said the organisadifficult day for some of our colent company Celesio UK have not tion had made the decision due to leagues, this also presents an identified which stores will be “changes to Government policy opportunity for us to set ourselves shutting. on reimbursement and retrospecup for the future and build our

There are three local Lloyds tive clawbacks over the past two reputation as a trusted partner of Pharmacy branches including years”. the NHS.” Tilton Road Burbage, Long Street He said funding cuts, business A message was circulated to Stoney Stanton and Main Street rates and the apprenticeship levy Lloyds Pharmacy employees, in which Mr Tobin said the decision had “not been taken lightly”, but was “necessary” for the business “to adapt to the changing landscape”.

It is likely the changes will involve both closures and divestments.

Redeployment of staff is the company’s first aim but if no suitable conclusion can be found then redundancies seem inevitable.