THE BIG READ
Adios to the mom-and-pop chemists
This week Clicks announced its intention to buy 25 Pick n Pay pharmacies
16 May 2021 - 00:07
There is still growth potential in the pharmaceutical retail market in terms of store rollout for dominant players such as Clicks and Dis-Chem, but the pool of independent pharmacies available for acquisition is beginning to shrink.
This means that the larger chains, which have already snapped up a lot of independent stores, will increasingly look to grow by opening new shops instead of buying existing outlets and rebranding them...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now