Chemist + Druggist is part of Pharma Intelligence UK Limited

This is operated by Pharma Intelligence UK Limited, a company registered in England and Wales with company number 13787459 whose registered office is 5 Howick Place, London SW1P 1WG. The Pharma Intelligence group is owned by Caerus Topco S.à r.l. and all copyright resides with the group.


This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction

Sainsbury's targets pharmacy for business growth

Business Sainsbury’s has marked pharmacy as an area for growth after announcing an increase in overall operating profits of 5.1 per cent in the past financial year.

Sainsbury's has marked pharmacy as an area for growth after announcing an increase in overall operating profits of 5.1 per cent in the past financial year.


Sainsbury's annual report, published on Wednesday (May 8), revealed underlying sales of £25.6bn, an increase of 4.6 per cent on the 2011-12 financial year. Its operating profits also rose, to £829m, but a fall in revenue from property sales contributed to a 1.4 per cent drop in pre-tax profit. It did not provide specific figures for the supermarket chain's pharmaceutical division.


Sainsbury's chief executive Justin King said in a letter to shareholders that the company's network of more than 270 in-store pharmacies and three outpatient hospital pharmacies were part of its "targeted programme of new business development".


Sainsbury's chief executive Justin King said that the supermarket's pharmacy offering was part of its "targeted programme of new business development"

More on Sainsbury's

Sainsbury's to roll out £40 healthy living programme

Independents split over Sainsbury's GP surgery threat

Unite hits out at Sainsbury's London outpatient       hospital pharmacy deal

MORE NEWS

Mr King told shareholders that, as part of the supermarket's commitment to being a "leading provider of health services", Sainsbury's pharmacists conducted 95,000 cholesterol checks on patients between April 2012 and March 2013, an increase of a quarter on the previous year.


Pharmacists also gave 56,000 flu vaccinations, handed out more than 30,000 quit-smoking kits and were trained as healthy eating advisors to support customers to make healthy lifestyle choices, Mr King said.


Sainsbury's said that its pharmacists' experiences confirmed research that suggested patients were more likely to discuss minor ailments with a pharmacist than travel to their GP.


In February, Sainsbury's announced plans to increase its number of in-store GP surgeries, opening a further seven in 2013. In March, it set out plans to introduce its experimental healthy living programme into all of its in-store pharmacies, following the success of a trial last year.


What could the growth of supermarket pharmacy mean for the wider pharmacy sector?

Comment below or email us at [email protected] You can also find C+D on Twitter, LinkedIn and Facebook

Topics

         
Pharmacist Manager
Barnsley
£30 per hour

Apply Now
Latest News & Analysis
See All
UsernamePublicRestriction

Register

CD016204

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Thank you for submitting your question. We will respond to you within 2 business days. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel