Promotional campaigns grow Dis-Chem market share
The pharmacy group says that group revenue is up 10% in the 22 weeks to February 2, as it kept prices low and focused on promotions
19 February 2020 - 09:18
Pharmacy group Dis-Chem said on Wednesday promotional campaigns and a wide product range helped it fend off the effects of load shedding in the 22 weeks to February 2, when it grew its market share.
Retail revenue rose 9.2% to R9.4bn during the period, with the group saying it had improved trade terms with its suppliers, and had seen more efficient inventory levels. Group revenue rose 10% to R10.3bn, the company said...
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