business
Could CWH float next year… with a market value of $5bn?
Chemist Warehouse may not have abandoned plans for an initial public offering in 2021, hints mainstream media The Australian is again speculating on the future of Chemist Warehouse, with Dataroom …
Pricelines to close due to COVID-19 downturn
API has announced plans to “rationalise” the Priceline network with the closure of 14 stores In a statement foreshadowing its financial results for the year ended 31 August 2020, the …
A new platform arises
Advantage Group and Instigo have entered into a merger agreement to create a new entity, Pharmacy Platform The merger brings together more than 350 pharmacy members across Australia and an …
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 …