Companies

Sam McCauley boss warns state aid is needed to help pharmacies as 230 jobs cut in four years

Pharmacy chain has watched its revenues slide over recent years amid reports that Uniphar may be in line to buy the company

Sam McCauley: businessman transformed the pharmacy firm from a single family owned chemist shop in Enniscorthy, Co Wexford to the third largest retail pharmacy group in Ireland.

Sam McCauley, the pharmacy chain, has warned that state intervention is needed to avoid the closure of chemists around Ireland, as new figures showed it has cut more than 230 jobs over the last four years.

The company, which owns and runs 37 pharmacies around Ireland, employed 441 staff in its 2021 financial year, down from 674 in 2018, accounts filed with the Companies Registration Office (CRO) show.

In a note attached to its most ...