Lloyds pharmacy’s to buy McCauley Chemists

Llyoyds pharmacy, which formerly operated as Doc Morris looks set to buy out the McCauley Chemist group across Ireland. A report by the Sunday Times suggests, Lloyds pharmacy will looks to strengthen their Irish operations by buying 28 stores that McCauley operate nationwide.

Again, according to reports, the takeover is believed to be worth around €40 – €50 million and are in an advanced stage of talks. Lloyds currently have 93 stores across the country and are already the largest pharmacy group in Ireland.

Source: http://www.thejournal.ie/lloyds-mccauleys-2329159-Sep2015/

Lloyds Pharmacy to create 500 new Retail Jobs

Lloyds Pharmacy have plan for major Irish expansion as they look set to open 60 new Retail Stores and create 500 new jobs. It is believed the new plans will be rolled out over a 3 year period and will increase their entire Irish workforce to 1,500. It will mean a growth of 91 stores to 150.

The pharmacy chain is currently the largest in Ireland, will also invest €2 million in a new patient services throughout existing outlets. Last year, Lloyds added 14 new outlets in what they described as ‘very positive’ sales. Management at the pharmacy has signalled its intent to expand into new communities, consolidating its dominant market position. Lloyds has already set about identifying new sites.

Source: http://www.irishtimes.com/business/retail-and-services/lloyds-pharmacy-to-create-500-new-jobs-1.2245076