RETAIL PHARMACY
Store roll-out helps Dis-Chem growth
Dis-Chem’s revenue for the 22 weeks to February rose 13.1% to R8.5bn despite it battling increasing competition in a weak economic climate and labour issues. With a market capitalisation of R32.4bn, Dis-Chem is one of the leading retail pharmacy groups in SA. Among its offerings are a dispensary category, while its retail front shop includes personal care and beauty, healthcare and nutrition and baby care. Turnover generated from its retail division was up 14.2% to R7.9bn compared to the matching period in 2016. Comparable store growth was at 5.5% and sales price inflation stood at 2.5%. Dis-Chem’s wholesale division grew 19%.
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