2013-01-09 20:19:31 - Lloydspharmacy - Verdict Company Briefing - a new company profile report on companiesandmarkets.com

Lloydspharmacy continues to face increasing competition as grocers expand their pharmacy portfolios. As a result the retailer needs to focus on its point of differentiation - its neighbourhood locations. With an ageing population profile a higher proportion of consumers will be less mobile and looking to local stores for their shopping and prescriptions

Report Scope

- Benchmark your health & beauty performance by comparing sales data and market share
- Understand how specialists can fight off competition from grocers

Key Highlights

Lloydspharmacy´s gross margins were impacted in 2011 due to further reductions in the tariff at which drugs are reimbursed by the NHS. As the company´s largest revenue stream, any squeeze on its income from prescription drugs will have a notable effect on its operating

 

 

profit, particularly at a time when its H&B offering is also under pressure.

Despite having one of the largest estates among the profiled companies and giving over 70% of its entire store space to H&B, Lloydspharmacy´s share of the market is decidedly low, and gradually falling. This is largely due to the encroachment of grocers, all of which have expanded their health & beauty and pharmacy offers over the past five years.

Reasons to Buy

- What is Lloydspharmacy´s share of the UK health & beauty market?
- How has Lloydspharmacy performed compared to the total UK health & beauty market?

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