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Major blow to well-known Aussie chain

Infinity Pharmacy Group owes over $400 million and has been placed into administration, risking closure of 54 Priceline stores as Wesfarmers ends its rescue attempt.

Summary by News
A large Australian pharmacy franchisee, responsible for more than 50 stores, is in limbo as the group owes more than $400m to its creditors.

5 Articles

PerthNowPerthNow
+2 Reposted by 2 other sources
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Major blow to well-known Aussie chain

A large Australian pharmacy franchisee, responsible for more than 50 stores, is in limbo as the group owes more than $400m to its creditors.

·City of Perth, Australia
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Cairns PostCairns Post

Dozens of pharmacies face collapse as Wesfarmers walks away from $400m deal

The retail giant behind Bunnings and Kmart has ditched plans to save 54 pharmacy stores, creating Australia’s latest corporate catastrophe worth hundreds of millions.

·Cairns City, Australia
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IBTimes AustraliaIBTimes Australia

Priceline Pharmacy Rescue Deal Falls Through as Wesfarmers Backs Out

Westfarmers is no longer supporting the largest franchisee of Priceline Pharmacy as part of a rescue deal.

·Australia
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The West Australian broke the news in Australia on Tuesday, January 20, 2026.
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