The future of dozens of Priceline Pharmacy outlets across the country remains in limbo after an 11th hour rescue deal for the largest franchisee collapsed. Retail group Wesfarmers placed 54 Infinity Pharmacy Group stores into receivership in December, with creditors owed more than $400million. The Australian conglomerate had considered bailing out Infinity Pharmacy Group with fresh equity, but abruptly pulled the plug a week before Christmas. Wesfarmers spent three years supporting Infinity Pharmacy Group before a 'breakdown of trust across all parts of the relationship' unfolded. Infinity Pharmacy employs 1,200 staff across almost 100 stores, mostly located in Queensland and NSW.

Source: Daily Mail January 20, 2026 00:18 UTC