Lloyds Pharmacy

This coverage examines LloydsPharmacy’s strategic withdrawal from the UK high street, offering insights into the factors leading to its exit and the subsequent impact on the retail pharmacy landscape. Reporting includes the closure of all 237 in-store branches within Sainsbury’s supermarkets by mid-2023, followed by the sale of its remaining 1,054 high street and community pharmacies to independent owners, culminating in the company’s liquidation in early 2024 with debts totalling £293m. Analysis explores the implications for retail property markets, employment, and the broader shift towards digital healthcare services, providing valuable information for retail executives, property managers, and industry professionals navigating the evolving pharmacy sector.