100 hours to 40 hours reductions

In the current financial climate, pharmacy operators of all sizes are looking at ways to reduce costs. In the case of the large multiple groups, this is being achieved in many cases by closing or consolidating pharmacies.  For owners of 100 hour pharmacies, given that the largest cost by far is payroll, there is a [...]

By | January 21st, 2020|Uncategorized|0 Comments

Joined up portfolio management for multiple pharmacy groups

We act for a multiple pharmacy group on various business development matters. Our client (client 1) operated two ‘100 hour’ pharmacies at opposite ends of the country and was looking at opportunities to reduce the opening hours. Another of our clients (client 2) owned underperforming ‘standard hours’ pharmacies near the two ‘100 hour pharmacies in [...]

By | January 15th, 2020|Uncategorized|0 Comments