Leading pharmacy chain Lloyds is set to shut all of its supermarket-based branches by the end of play today, it has been reported. All 237 outlets located in Sainsbury's will cease to exist after today, according to Pharmacy Business magazine.
While the closures were supposed to be phased out over the next year, they have been dramatically been brought forward. An earlier announcement pinned the blame on 'changing market conditions' for the move towards widespread closures, which is thought to put 2,000 jobs on the chopping block across the UK.
It follows on from a major restructuring operation at the firm, which is the UK's second largest chemist firm behind Boots. It also comes after Aurelius, a multinational private equity firm, purchased the chain from Sainsbury's last year.
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