Layer 1

Jhoots buys three of Lloydspharmacy's 190 'unviable' branches

Exclusive
All three pharmacies are located near Dudley and have already reopened
All three pharmacies are located near Dudley and have already reopened

The Jhoots Pharmacy chain has bought three of the 190 branches Lloydspharmacy branded "commercially unviable" – all based in the Dudley area.

Walsall-based Jhoots Pharmacy – which now owns 91 independent pharmacies nationwide according to its website – has already listed the three former Lloydspharmacies online.

According to a staff member at the branch on Halesowen Road, Dudley, it reopened as a Jhoots Pharmacy last Monday (January 15).

Another pharmacy on Brierley Hill, Dudley reopened on January 9, while a third on High Street, Kingswinford reopened on January 10, according to staff at the respective pharmacies.

The three pharmacies are part of the 190 “commercially unviable” Lloydspharmacy branches in England where parent company Celesio UK is ceasing trading. C+D has now confirmed the location of 29 of these pharmacies; the multiple would not confirm the remaining 161 branches.

Jhoots was unavailable to comment at the time of going to press.

Where else will Lloydspharmacy cease trading?

You can use C+D's map to view the location of each of the 29 Lloydspharmacy branches so far confirmed for closure or sale.

Branches confirmed for closure are marked in purple, while Lloydspharmacies up for sale are marked in blue. The branches that have been sold are marked in orange.

This map is live, and will be updated as C+D confirms the locations of further affected Lloydspharmacy branches.

Looking to buy or sell a pharmacy? Browse C+D Marketplace for the latest listings

16 Comments
Question: 
Do you work in a Lloydspharmacy that is being sold or closed?

Graham Morris, Design

Just noticed Newark Lloyds has been re-branded as Jhoots.

Paul Dishman, Pharmaceutical Adviser

Jhoots have bought and re-branded a former Lloyds Pharmacy at Blackbrook Medical Centre, Lisieux Way, Taunton 

Paul Dishman, Pharmaceutical Adviser

 

One of our friends had to pick her mother's script up from there and she was telling us about it. 

Come on C&D- how about some investigative journalism !!

 

 

Brian Austen, Senior Management

I keep an eye on the business facts and figures of pharmacy groups and if JHoots were listed on the stock exchange I wouldn't buy their shares. It would be a sell notification!

Jonny Johal, Pharmacy Area manager/ Operations Manager

Ditto... not only will I not buy their shares if listed, I won’t even take my prescriptions to them for dispensing. 

A Hussain, Senior Management

Well they either have the cash or have found a willing lender who feels that they have sufficient assets to borrow against.  This is not Carillion!!

S Morein, Pharmacy Area manager/ Operations Manager

Seems likes these "unviable" pharmacies are selling like hotcakes. Experienced contractors buying at huge goodwill values. The same contractors who remarkably cry how they are all going bust. 

Sunny Jim, Pharmacy Buyer

S morein for prime minister !! 

Ilove Pharmacy, Non Pharmacist Branch Manager

That can only mean somebody is not telling the truth ?

Sunny Jim, Pharmacy Buyer

S morein.    Totally agree, still loads money to be made. Contractors don’t want to share the money .

Wolverine 001 , Pharmacist Director

They are just sidestepping paying tax by taking cash profit reserves and spending on assets, if they are cheap enough then this works 

 

Stephen Walsh, Community pharmacist

Out the loop on jury duty see! Odd Down went last week I hear.

Simon MEDLEY, Community pharmacist

should we not have been informed formally of change of contract.... I think Crapita have that role now, which propably explains why we havn't

Sunny Jim, Pharmacy Buyer

Proof there’s still loads money to be made in pharmacy.  Good luck to the guy. One mans loss is another mans gain. 

Stephen Walsh, Community pharmacist

+1 in Bath. Already rebranded.

Simon MEDLEY, Community pharmacist

Have I missed something ?

Job of the week

Pharmacist Manager
Wrexham , North Wales
Great Salary & Bonus.