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Superdrug Expands UK: 25 New Stores and Major Upgrades in 2024 - 0 views

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    Superdrug is bolstering its physical presence by launching 25 new stores this year as it celebrates its 60th year on the British high street. Additionally, the health and beauty retailer has announced plans to extend seven of its existing branches and refit another 60 throughout 2024. However, the retailer has confirmed the locations for only four upcoming stores - Wheatley Centre Shopping Parkin Doncaster, St David's Centre in Cardiff, Bluewater Shopping Centre and Westfield Stratford City. As reported by Mirror, the Donacaster site is expected to open by the end of this month, followed by the relocation of its existing Cardiff store to a new 11,3000 sq. ft space shortly thereafter. Superdrug is also shifting its Westfield Stratford City store, doubling its size to 9,892 sq. ft. Likely to be opened in the summer, it will be one of the retailer's biggest stores.
pharmacybiz

UK Retail Crisis: Nearly 13,500 Stores Closed in 2024 | Pharmacy.biz - 0 views

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    The UK retail sector faced significant challenges in 2024, but 2025 is expected to be an even tougher year for retailers. Nearly 13,500 retail stores permanently shut their doors in the last 12 months -an average of 37 closures each day-according to provisional data from the Centre for Retail Research. This figure represents a notable 28.4 per cent increase from the 10,494 closures recorded in 2023, although it remains below the annual closure rates observed between 2019 and 2022. Independent retailers, typically small businesses with one to five stores, accounted for over 84 per cent of all closures during 2024. This marked a sharp 45 per cent surge in shutdowns for independents compared to the previous year when they were responsible for 74.5 per cent of closures, totalling 7,793 stores. The group's research director, Prof Joshua Bamfield told the Guardian: "The results for 2024 show that although the outcomes for store closures overall were not as poor as in either 2020 or 2022, they are still disconcerting, with worse set to come in 2025."
pharmacybiz

Boots' parent company to close 1,200 US stores - 0 views

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    Walgreens Boots Alliance (WBA), the parent company of high street pharmacy Boots, plans to close 1,200 stores in the United States over the next three years in response to a slowdown in consumer spending and low drug reimbursement rates. As reported by The Times, the closures are part of a strategy by new CEO Tim Wentworth to restore growth for the group, which runs over 8,700 stores in the US and 2,000 Boots pharmacies in the UK. Wentworth described the 2025 financial year, which started last month, as a crucial "rebasing year" for the company. He expressed confidence that, although the turnaround will take time, it will yield significant financial and consumer benefits in the long term. The announcement of the store closures coincided with the release of the fourth-quarter results, which slightly exceeded Wall Street's lowered estimates. Walgreens' stock, which has declined by 65 per cent this year and is now trading near 30-year lows, rose by $1.44, or 16 per cent, closing at $10.44 on Wall Street.
pharmacybiz

Boots & PDA Union Finalize 4% Pay Deal for Pharmacists - Effective Nov 2024 - 0 views

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    Boots and the PDA Union negotiating teams have reached an agreement on this year's pay claim, following constructive negotiations between both parties. The new pay deal will come into effect from 1 November 2024. Under the agreement, all eligible pharmacists and pharmacist store managers within the bargaining unit will receive a 4 per cent pay award, recognising their unique role within the community pharmacy sector and the business. Pharmacists and pharmacist store managers will qualify for the negotiated rates if they are members of the bargaining unit, employed as of 1 November 2024, and not serving a notice period. However, the pay award will not apply to those who have joined or had a pay increase on or since 1 August 2024, were rated as not performing at EOY 2024, or are a trainee pharmacist. All qualified pharmacists in the bargaining unit with over 10 years of service at Boots will receive a minimum of £53,000 FTE per annum, while all substantively appointed and performing Boots Pharmacist Store Managers will be paid a minimum of £55,000 FTE per annum.
pharmacybiz

Superdrug Sales Boom 2024:Profits Soar Despite High Street Challenges - 0 views

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    The renowned health and beauty chain has announced impressive annual sales and profit figures, following the expansion of its British high street estate. According to a report by The Times, Superdrug's pre-tax profits jumped by 43.6 per cent to £111.6 million in the year ending December 2023 compared to the previous year. The company's revenue also experienced significant growth, rising by 11.8 per cent to reach £1.52 billion, marking its third consecutive year of market share growth. Key factors driving this growth include the opening of 14 new stores across strategic locations such as The Trafford Centre in Manchester and Brent Cross shopping centre in north London, and the refitting of 45 stores last year. Additionally, the continued expansion of its cheaper, own-label products, along with exclusive launches from brands like Bioré SPF, Nyx X Barbie, and Billie Eilish fragrances, significantly contributed to a 4.2 per cent year-on-year increase in Superdrug's sales volume.
Pharmacy Discounts UK

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pharmacybiz

Pharmacy numbers declining amidst growing prescription demand - 0 views

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    Analysis by IQVIA revealed that over the past four years, from May 2020 to May 2024, the average number of prescriptions processed by pharmacies has risen by 8 million per month. However, this is happening against the backdrop of a declining number of pharmacies. During these four years, nearly 900 pharmacies have closed in England, with almost 500 of those closures occurring in the last 12 months. Carol Alexandre, vice president at IQVIA, presented the data at the recent SIGMA UK Community Pharmacy Conference 2024, where she shared insights into the dynamics of the UK market, the pharmacy sector, and the Pharmacy First initiative. As of August 2024, there were just 10,059 community pharmacies (excluding distance-selling pharmacies) in England, 1,589 less than in March 2015, when the number stood at 11,647 (source: NHS BSA). There has been a significant shift in the distribution of pharmacy ownership, with independents (single pharmacies and chains with 1-5 stores) and regional chains (pharmacy chains with 6-200 stores) growing at the expense of managed chains.
pharmacybiz

Mouth cancer awareness on toothpaste and mouthwash | UK 2024 - 0 views

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    On World Head and Neck Cancer Day today (27 July), the National Health Service (NHS) has launched a new partnership with the British supermarket chain, Asda to raise awareness of mouth cancer symptoms. As part of this partnership, the NHS will provide vital advice on millions of toothpaste tubes and mouthwash bottles, urging people to consult their GP or dentist if they notice any potential symptoms of mouth cancer. Starting this month, the grocer's own brand of oral hygiene products will feature NHS advice in over 500 Asda stores nationwide. The NHS guidance will be displayed on the packaging, along with a link to more detailed information about mouth and throat cancer on the health service website. Professor Peter Johnson, national clinical director for cancer at NHS England, said: "Early detection of mouth cancer can help save lives and this fantastic new partnership with Asda will be vital in raising awareness of the signs and in supporting the NHS's ambition to diagnose more cancers at an earlier stage.
pharmacybiz

Historic Victorian Building Transformed into Brock Street Pharmacy & Healthcare Hub in ... - 0 views

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    The former Bensons for Beds store on Brock Street, which has been closed for over a decade, is set to be transformed into a new healthcare hub and pharmacy for the local community. Husband-and-wife team Tariq and Nabila Malik, practising pharmacists in Lancaster for over 20 years, have confirmed that they are relocating and expanding their services from their two existing city centre pharmacies to the historic Oddfellows Hall, built in 1844. The couple currently operate two pharmacies-one on Dalton Square and the other on King Street. Their new venture, Brock Street Pharmacy (Health and Travel Clinic), is scheduled to open on November 4, with the entire team from both closing pharmacies making the move. Extensive renovation and building work have been carried out to save and restore the heritage Victorian building in recent months. "It's the biggest project we've ever been involved in, but the whole team are really excited about bringing this heritage building back to life, making more services even more easily accessible to our community," said Nabila.
pharmacybiz

Holland & Barrett Joins PAGB: Enhancing Wellness with Expert Guidance - 0 views

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    Holland & Barrett, the UK's leading wellness retailer, has become the latest retailer regulatory member of PAGB, the consumer healthcare association. PAGB represents the manufacturers of branded over-the-counter (OTC) medicines, self care medical devices and food supplements in the UK. Holland & Barrett's decision to PAGB follows its recent introduction of a selected range of OTC and healthcare products in its stores across the UK. These include painkillers, cough and cold medicines, children's health essentials, hay fever relief, as well as skin and gastrointestinal products. With this expansion, the retailer aims to not only help customers to stay well, but also provide relief when needed.
pharmacybiz

Reduce Medicines Waste: New NHS Suffolk Campaign Urges Patients to Return Unused Medici... - 0 views

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    The NHS in Suffolk and North East Essex has launched a new campaign to reduce the amount of unused medicines that cost the NHS around £300 million a year. Across the UK, it is estimated that £100 million worth of medicines are returned to pharmacies, with an additional £90 million of unused prescription medicines stored in homes. Through social media, posters, and videos, people are encouraged to return unused prescriptions to pharmacies and avoid stockpiling or throwing them away. Reducing medicines waste not only saves money that can be reinvested into patient care within the NHS, but it's also better for the environment. Tania Farrow, who is leading the campaign on behalf of NHS Suffolk and North East Essex Integrated Care Board (ICB), highlighted that everyone has a part to play in reducing medicines waste.
pharmacybiz

Well Pharmacy Opens at Birmingham Airport's WHSmith - 0 views

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    Well Pharmacy, the UK's largest independent pharmacy chain, recently announced the opening of a new store inside WHSmith's flagship airside location at Birmingham Airport. This expansion is part of Well Pharmacy's ongoing collaboration with WHSmith, the global travel retailer. Situated within the departure lounge of Birmingham Airport, the biggest and busiest airport in the Midlands and the seventh largest in the UK, the new pharmacy will offer travelers a wide range of pharmacy products and expert healthcare services. The new pharmacy complements WHSmith's extensive selection of health and beauty items, travel essentials, food-to-go, and tech products. Andrew Caplan, chief retail officer at Well Pharmacy, expressed enthusiasm about the continued partnership. "Well Pharmacy are delighted to continue to work in partnership with WHSmith in providing a one stop shop for all travellers' needs," he stated.
pharmacybiz

Empowering Futures: LTCT Bursaries for Grocery & Pharmacy Families | Apply Now - 0 views

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    The Leverhulme Trade Charities Trust (LTCT) is set to provide financial aid for the families of those working in the convenience, grocery, and pharmacy trades starting next month. In an announcement, the Trust shared that the applications for the academic year 2024/25 for undergraduate bursaries will start from August 1 till October 15. LTCT bursary schemes are intended for university students whose parent or carer is "employed in an eligible profession, such as convenience retailer, supermarket store worker, or pharmacy technician". According to the charity's bursary scheme, successful applicants can receive up to £3,000, which can be put towards tuition fees, course materials, equipments, or even travel costs. "With the charity's core belief that everyone should have the opportunity to reach their academic potential", LTCT believes. The bursary scheme will help alleviate some of the financial pressure on students interested in pursuing higher education and their parents. In 2024, the total number of bursaries awarded since the scheme launched is expected to exceed 5,000, totalling £28million worth of financial aid.
pharmacybiz

Pharmacy Crisis Deepens 2025 : Urgent NHS Funding Needed Now - 0 views

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    Healthcare is one of the most crucial sectors in the UK accounting for over £290 billion, around 10% of the GDP for the entire country. Despite this, however, many businesses operating in the healthcare sector are currently in favour of an urgent cash injection from the government. The figures make for sobering reading with over 65% of pharmacies operating at a loss and a bleak forecast that one in six might shut their doors for good within the next year. Business costs have soared in the last two years and combined with a funding cut of around 30% in real terms over the last decade this has left many pharmacies struggling to make ends meet. In real terms, these issues affect those who we wish to help the most - our patients. As the expenditure rises, income doesn't always follow meaning that pharmacy staff have to work even harder. However, despite their best efforts they report that this has an impact on some of the valuable face time that they can give to their patients. Longer prescription dispensing times have been an issue across the board as this then creates a domino effect on responding to patient enquiries. This then means that when a patient is actually in store there is less time for a pharmacist to spend with a patient discussing their health issues.
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PIlls Bills

Online Pharmacy Laws in India - 0 views

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    Online pharmacy is the biggest business in India but now new laws and rules have come that restrict the sale of online medicines from the online portal who do not have the required license and authority to sell these prescription medications online. Let us find out what are these rules that are affecting online pharmacies running in India. Although these are only draft rules applied in 2019 but can cause a great effect on these online portals.
ashleyobama

Home online pharmacy - Roids Meds - 0 views

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