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Co-op Buys Seven Pharmacies From Lloyds

Thursday, 12 October 2023 12:20

Channel Islands Co-Op is buying seven pharmacies in Guernsey and Jersey from UK company Lloyds.

The sites being taken over are:

The Parade, Jersey
Red Houses, Jersey
Les Quennevais, Jersey
Gorey Village, Jersey
St Sampson's, Guernsey
L'Aumone, Guernsey
Longfrie, Guernsey

The Co-op says all employees who work at the sites under Lloyds will be kept on.

CEO Mark Cox says it's a 'unique opportunity' for the retail company.

"We look forward to welcoming new and existing members and customers to our expanded pharmacy network and are thrilled to welcome their team into the Channel Islands Coop family."

The move still needs approval from the competition watchdogs in both Guernsey and Jersey, but CI Co-op says it hopes for the sale to be completed by the end of October.

Last week, Lloyds Pharmacy confirmed it had taken the 'difficult decision' to close three Jersey branches, with staff moved to its other stores.

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