business
Anarchy in the UK
No future for many English independent pharmacies as a new report predicts an average annual $78,000 loss per store A new report by EY – formerly Ernst and Young – …
Support for TWC
TerryWhite Chemmart has launched a Dispensary Excellence Program to its network, which it says is a key program that will further support TWC pharmacies in the year ahead The program …
Growth ahead for CDC
Chemist Discount Centre has this week introduced a new long-term pricing strategy across the national brand The first phase roll-out covers 5% of its planogram items and is estimated to …
Pharmacy rejection quashed
The Federal Court of Australia has ordered the Australian Community Pharmacy Authority to reconsider a pharmacy’s application for approval A company has successfully contended a 26 June decision made by …
Some community pharmacies reporting 90% downturn
There is an assumption that “pharmacies must be doing alright – you can still open”, but the Guild says some are barely hanging on Research companies tracking movement in the …
Potential CWH float pushed back?
The latest speculation about Chemist Warehouse’s future suggests an IPO could be delayed until 2021 Mainstream business media have for some time been examining rumours and suggestions about how Chemist …
Changing your pharmacy name?
Don’t forget that you need regulatory approval at both a state and federal level, says Sarah Stoddart Changing the name of your pharmacy can be an exciting time. It might …
Could Wesfarmers buy Chemist Warehouse?
Speculation about the future of Chemist Warehouse is back, with one pundit suggesting a sale could be more likely than a listing In 2017, reporters from the Australian Financial Review …
Businesses get extension for instant asset write-off
In its latest move to spur business investment, the government will extend its $150,000 instant assets write-off until the end of the year, writes Michelle Grattan from the University of …
Too many pharmacies on unsustainable rents?
Some pharmacies should consider downsizing and negotiating total rent – not just deferring payments – if they want to survive post-COVID-19, warns pharmacy business expert Pharmacies located in business districts …
Pharmacists, GPs continue to see marked downturn in foot traffic
It is a myth to assume that all pharmacies ‘are doing well’ from COVID-19, says the Guild, with many looking to the JobKeeper scheme to stay afloat Pharmacies located in …
Pharmacies using patients as ‘cash cows,’ says AMA
Doctors have reiterated claims that pharmacist prescribing is like “Russian Roulette,” accusing the Queensland Government of promoting cut-price health care at pharmacies The Australian Medical Association’s Queensland branch has responded …