Ian Kehoe on Business
Bradley’s Pharmacy saga reveals a retail sector reeling from multiple body blows
Court filings by the Bradley’s Pharmacy Group to support its application for bankruptcy protection paint a pretty grim picture of the Irish retail pharmacy market right now. The company, which has 20 pharmacies in Dublin, Monaghan, Meath, Louth, Wicklow and Kerry, is seeking the appointment of an examiner in an effort to restructure its debts and secure fresh investment.
The company throws out a string of reasons for its financial struggles, ranging from government cutbacks...
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