Western Grocer Serving the industry since 1916
London Drugs plans to cut about 80 positions, roughly one per cent of its workforce, as part of its retail leadership restructuring.
Nick Curalli, president and chief operating officer of the Richmond-based retail chain, said the company plans to reduce positions from its retail operations team.
“With careful consideration of both internal and external factors, London Drugs has made the difficult decision to standardize the management compliment per store, resulting in reductions in some locations.”
Naomi Perks, communications manager for London Drugs, said the role reductions are part of the company’s efforts to change its store-level leadership structure.
“Like many retailers, we continue to adapt to changing customer expectations and an evolving and increasingly competitive retail environment,” said Perks.
Curalli said in the letter that London Drugs also communicated to its employees the restructuring of its merchandising function in March, including a transition to a “category management model.”
The retailer said the changes are intended to increase efficiency, reduce operating costs and strengthen its competitiveness, according to the letter.
Curalli said London Drugs has not previously undertaken workforce reductions of this nature.
