Pharmacy business

Competition watchdog considers Lloydspharmacy’s acquisition of Sainsbury’s pharmacies

The UK’s competition watchdog is looking at the proposed acquisition of Sainsbury’s pharmacy business by Lloydspharmacy on the grounds that it may “reduce market competition”.…

Lloydspharmacy to buy Sainsbury’s pharmacy business for £125m

Lloydspharmacy is to acquire Sainsbury’s pharmacy business for £125m, as part of a strategic partnership between the supermarket chain and Celesio AG announced on 29 July 2015.…

Walgreen Boots Alliance sees earnings rise by nearly 40%

The largest retail pharmacy, health and daily living group in the United States and Europe, Walgreens Boots Alliance, has reported a 39.9% increase in its third quarter net earnings to US$1.1bn for the period ending 31 May 2015.…

Pharmacy franchises and buying groups: advantages and drawbacks

The first franchise of a multiple in the UK, Lloydspharmacy, recently opened in Gloucester. But what are the advantages of joining a franchise or buying group — and do they differ from one another?…

Boots announces 700 job losses

UK pharmacy chain Boots has announced 700 job losses as part of a restructuring and cost reduction programme following the merger between Alliance Boots and the US pharmacy chain Walgreens.…

Buying a pharmacy is not as easy as it once was

As someone fortunate enough to have retired relatively wealthy from self-employment within community pharmacy some 20 years ago, and having made even more from investment since, I found the article written by Sean Dixon on buying a pharmacy ( The Pharmaceutical Journal 2015;294:531) inte…

How to create a website for your independent pharmacy

Is your pharmacy business lacking a website? Kamal Mahasuria, pharmacist and director of The Pharmacy Website Company, explains why you need an online presence and how you can build one.…

Setting up a pharmacy on GP premises: the law

Pharmacy owners may have considered locating their businesses on GP premises to increase their dispensing volume. However, they need to ensure they are acting within the law.…

Advice on securing a bank loan to buy a pharmacy

Most would-be pharmacy owners have to secure funding from a bank to set up a business. Sean Dixon, head of Business Services Group at the Royal Bank of Scotland, describes what you can expect from your advisers — and what they expect from you.…

Walgreens Boots Alliance announces surge in earnings

The newly-formed multinational pharmacy business Walgreens Boots Alliance has announced a surge in earnings and planned closures for 200 US pharmacies.…