Business
Who’s in the money?
Chemist Warehouse chiefs have made another rich list, with more speculation about a float The Australian has released the 2023 edition of The List – Australia’s Richest 250, detailing who’s …
Back in black; the gentle Sigma turnaround
But tough times ahead as interest rates and inflation “impact consumer spending” though banner consolidation is “on track” Sigma Healthcare has gently reversed its fortunes, reporting a modest profit $1.8 …
Three new partners for Fred Marketplace
Fred Marketplace, Fred’s approved software hub, now has MedAdvisor, Scrypt Ventures and Fluger Fred Marketplace has added three new Fred partner-approved software partners this month, with the addition of MedAdvisor, Scrypt Ventures and …
Productivity Commission backs supermarket pharmacies
Pharmacy’s location and ownership rules designed to boost accessibility may be falling short of their original purpose, the Productivity Commission believes Australian governments are being urged to review the current …
Personal circumstances a key factor in selling pharmacies
Personal and family circumstances is the top factor influencing pharmacy owners’ decisions to sell their stores, a survey reveals The results of the latest edition of the Attain Pharmacy Market Sentiment …
Blooms secures B Corp certification
Blooms the Chemist is hoping that B Corp certification will help make the group stand out from other pharmacy brands in the race to secure talent Following an 18-month assessment …
Choosing a banner group: the market perspective
What advice would pharmacy market analysts give to owners looking to join a banner group? Choosing which franchise is the right fit for a pharmacy is one of the most …
Inflation busting measures may impact pharmacy spending
Pharmacy owners need to take steps to strengthen consumer loyalty combat the impacts of rising inflation, experts warn Community pharmacies are starting to see the combined effects of measures taken …
More Melbourne property for Chemist Warehouse owners
National Retail Group nabs prime undeveloped site near the Yarra River An undeveloped site of almost 1000 sq m in the Melbourne suburb of Richmond has just been acquired for …
Rising interest rates starting to bite businesses
Australian businesses are facing challenging times, with credit reporting agency, CreditorWatch forecast a risk in defaults over the next 12 months Business owners should review their credit risk management processes …
Chemist Warehouse joins cannabis company joint venture
Wellnex Life aims to launch five special access medicinal cannabis products by the end of June 2023 via CWH network Chemist Warehouse will receive a 10% interest in an existing …
What’s the deal with Sigma and HMC Capital?
Finance media speculates pharmaceutical wholesaler could be “breakup target” Finance industry observers following private equity fund HMC Capital’s expanding share in Sigma Healthcare are speculating it may eventually buy the …