Lloydspharmacy: ‘Challenging’ funding model led to divestment of 76 branches
Lloydspharmacy decided to close, merge, or sell 76 branches in 2020/21 as part of a “rationalisation programme” it started as a consequence of the “challenging” government funding model, it has said.
The multiple saw a fall in turnover for the year up to March 2021, which stood at £1.76 billion – 9.6% down on the £1.95bnfinancial