Dis-Chem’s growth plan runs up against space crunch and competition
Failure to open new stores promptly may impede growth, Dis-Chem says in its annual report
Dis-Chem is facing mounting pressure due to a shortage of suitable retail space and intensifying competition across the healthcare and retail sectors, the pharmacy group said in its latest annual report.
The company, which operates 285 retail pharmacy stores across SA, Namibia and Botswana, identified limited access to profitable locations as a key risk to its store rollout strategy. Dis-Chem’s growth model hinges on opening new outlets or acquiring independent pharmacies. Any delays in this process could hinder its ability to enter new markets, grow revenue and defend its share in an increasingly competitive environment...
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