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Business environment

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Business environment

Day Lewis buys three pharmacies in southwest England

A deal to acquire Norsworthy Limited was completed for an undisclosed price.

04 Jul 2022 , 1 Min Article

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Business environment

Controversy over new Tesco locum pharmacist rate caps

Tesco declines to comment on its new locum rate caps.

30 Jun 2022 , 1 Min Article

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Business environment

Boots: Flat pharmacy sales offset by 24% growth in retail business

WBA posts latest financials two days after announcing it will not sell Boots UK.

30 Jun 2022 , 1 Min Article

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Business environment

Questions remain over hub-and-spoke for independents

Numark MD Jeremy Meader says the model may not be an attractive option for independents.

29 Jun 2022 , 1 Min Article

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Business environment

Numark MD: Hub and spoke may not be attractive option for independents

Jeremy Meader warned the model may come with significant upfront costs and uncertain future income.

29 Jun 2022 , 1 Min Article

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Business environment

NPA study will look at impact of runaway inflation on pharmacies

NPA-commissioned study will look at the combined impact of inflation and fixed funding.

27 Jun 2022 , 1 Min Article

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Business environment

Independent pharmacy in North London bought by small group

Greenacre Pharmacy in Cockfosters was bought by Mansons Group for an undisclosed fee.

27 Jun 2022 , 1 Min Article

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Business environment

Glasgow pharmacy chain secures eight-figure loan to expand

HSBC lends M&D Green Group multi-million sum to buy five pharmacies.

21 Jun 2022 , 1 Min Article

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Business environment

Pharmacy’s rent will rise by 220 per cent, says director

Gurdev Channa at Britannia Pharmacy says the rent of one branch will rise from £25,038 a year to £80,000.

17 Jun 2022 , 1 Min Article

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Business environment

NHS landlord triples rent for independent pharmacy

NPA urges landlords to review arrangements as one NHS property demands threefold rent hike.

15 Jun 2022 , 1 Min Article

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Business environment

Four-thousand-items pharmacy sells off £1m asking price

Central London pharmacy changes hands after 45 years.

13 Jun 2022 , 1 Min Article

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Business environment

Cambrian Alliance and PSNC link up to support drug purchasing

Cambrian Alliance announces new arrangement with PSNC to improve price concessions system

10 Jun 2022 , 1 Min Article

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Business environment

Cost of prescriptions dispensed in community rises £83m in England

NHS Business Services Authority reveals £9.69 billion of items were dispensed in 2021-22.

10 Jun 2022 , 1 Min Article

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Business environment

Essex-based group buys pharmacies from chain in north of England

Allcures completed a deal for an undisclosed fee to buy 16 branches owned by the Hub Pharmacy.

08 Jun 2022 , 1 Min Article

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Business environment

Asda owners may drop Boots bid over price concerns

Boots parent WBA reportedly asked Asda owners to increase their offer for the multiple.

30 May 2022 , 1 Min Article

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Business environment

Consolidated pharmacy group undergoes rebrand

Three businesses rebrand as Pickfords Pharmacy.

24 May 2022 , 1 Min Article

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