An employee-owned London chain has expanded its portfolio of pharmacies from five to seven with a £2 million bank loan.
Green Light Pharmacy had bought two new branches in Victoria and Harrow, London with £1.96 million funding from Santander Corporate and Commercial, the bank announced yesterday (April 7).
The chain, which saw an annual turnover of over £4m last year, would hire more staff, rebrand its two additional pharmacies and make changes “including fit-outs and an increase in service offerings to customers” as a result of its bank loan, Santander said.
Green Light founder John Foreman told C+D the company’s model was “great for patients, great for customers and great for pharmacists and pharmacy staff”. It had gone “from strength to strength” due to its focus on “wellness, education and prevention”, and staff were “excited to be part of something successful”, he added.