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REVEALED: Lloydspharmacy closed 78 'unviable' branches in 12 months

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You can use C+D's interactive map to see the location of each closed Lloydspharmacy
You can use C+D's interactive map to see the location of each closed Lloydspharmacy

Lloydspharmacy has closed 78 branches since it announced a year ago it would “cease trading” in around 190 “commercially unviable” locations, C+D can exclusively reveal.

Lloydspharmacy’s parent company Celesio UK announced in October 2017 it would cease trading in “around 190” pharmacies in England “through a combination of store closures and divestments”.

Cormac Tobin – Celesio UK managing director at the time – said the organisation made the decision due to “changes to government policy on reimbursement and retrospective clawbacks over the past two years”.

The multiple has never published a list of these branches, but C+D can now reveal 182 locations where Lloydspharmacy has closed or sold its store, one year after the announcement.

Of these 182 branches, 78 have been closed permanently, while 104 have found new owners.

Celesio UK declined to comment to C+D on whether it feels the move has paid off, and what is next for the multiple now that is has closed or sold 182 branches.

The multiple also declined to confirm whether 44 of the 182 sites identified by C+D were part of the original list of “around 190” branches it had referred to in October 2017. However, it told C+D that “if they are in England and took place after our announcement then generally they will be included in the 190”.

Most recently, the multiple has closed pharmacies in Low Grange Health Village in Southbank, Cleveland – which closed on August 22 – and in a Sainsbury’s branch in Pinner, Middlesex – which closed on August 31.

Of the closed pharmacies, nine were located within Sainsbury’s stores. You can read more about Lloydspharmacy's closure of certain Sainsbury's stores since it bought the supermarket's entire portfolio in 2016 here.

You can use C+D's map below to view the location of each of the 182 Lloydspharmacy branches that have been sold (marked in orange) or closed (in purple).

A separate C+D analysis has revealed what happened to the 104 branches which were sold – and who bought them. Read the full analysis here.

2 Comments
Question: 
Did you work in a Lloydspharmacy that was closed?

Nexium Forever, Academic pharmacist

Well said....not newsworthy

Stephen Eggleston, Community pharmacist

Given the C&D gave us a blow by sensationalist blow account of every deal done in this divestment program, this is just yesterdays news warmed up for a slow news day

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