Business
5 questions for a successful pharmacy purchase
Business class: Buying a pharmacy is no small feat! There are many factors to consider and hopefully the investment will provide financial and other rewards for many years, says Natalie …
Why disruption and pharmacy are a perfect marriage
Pharmacists must marry disruption rather than contemplate our destruction by its unstoppable force, says Rob Sztar. It is widely discussed that pharmacy faces an uncertain future in the face of …
Joining the right chorus
A serivce-based, forward pharmacy model is a no-brainer…or is it? asks Glenn Guilfoyle As a stakeholder in the retail pharmacy industry it has become nigh on impossible to be unaware …
Business Class: Pharmacy Market Update
An end-of-financial year overview of the factors impacting the pharmacy business sales market As we reach the end of the 2016 financial year, it is an ideal time to provide …
Pay attention to the margins
How much revenue is pharmacy ‘leaving off the table’ asks Glenn Guilfoyle A recent story featured in The Pharmacy Guild of Australia’s Forefront highlighted the revenue “being left on the …
Challenge the status quo
While most pharmacies offer advice, most don’t use the pharmacist to do this Instead pharmacists dispense and the retail assistant gives the advice. This has to change says business advisor …
Pfizer and Allergan deal off
Pfizer and Allergan’s merger has been scuppered by new US legislation, news agency Reuters is reporting. Pfizer has decided to terminate the agreement to acquire Allergan, a $160 billion agreement …
Busting seven employment myths
Community pharmacy owners commonly make a number of incorrect assumptions about employment legal requirements Speaking at APP2016, Tina Scrine, industrial relations manager of the Guild’s Queensland branch tried to ‘bust’ …
Terry White Group reaping investment benefit
Terry White Group Limited today announced consolidated earnings before interest, tax, depreciation and amortisation of $3.59 million. Terry White Chemists retail sales are up 18% on a like-for-like basis, says …
EBOS earnings grow to 31 December
EBOS has reported strong earnings growth for the six month to 31 December 2015, with total revenues hitting $3.4 billion. This represents growth of 8.3%, or 9% growth constant FX. …
Chemplus, TWC add two new pharmacies as retail sales grow
The combined weight of Chemplus and the Terry White Group has seen the South Australian-based network reporting increased retail sales and the addition of two new pharmacies. The Terry White …
Terry White Group boasts retail sales jump
Terry White Group has announced the network’s first half (to 31 December 2015) retail sales had increased 18%, outperforming the industry average growth rate significantly. Terry White Group CEO Anthony …
