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Dis-Chem group ramps up its store footprint and sees e-commerce boom


Dis-Chem group ramps up its store footprint and sees e-commerce boom
By Sandile Mchunu
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DURBAN - DIS-CHEM Pharmacies raised its annual dividend on Friday, while it said amid Covid-19 it had opened more stores to meet increased customer demand and had seen its online sales surge by 260.7 percent.
However, the group said it suffered direct Covid-19 costs of R56.6 million in the year to end February even though the retail pharmacy continued to keep its doors open as an essential services provider during the hard lockdown.
The costs mainly related to providing personal protection equipment, screening costs, and staff Covid-19 testing, with the largest cost related to vouchers valued at R23.5m that the group distributed to staff as a gratuity for their commitment to the front-line fight against the pandemic. ....

Kwazulu Natal , South Africa , Baby City , Local Choice , Covid 19 , க்வஸூல்யூ நேட்டல் , குழந்தை நகரம் , உள்ளூர் தேர்வு ,

Clicks to hold largest retail pharmacy network in SA after Pick n Pay deal


JSE-listed health and beauty retailer Clicks Group is set to hold the largest retail pharmacy network in South Africa, with a portfolio of 632 pharmacies in the country, after it announced the acquisition of the retail pharmacy business of Pick n Pay, including 25 of its in-store pharmacies. Photo: File
Clicks to hold largest retail pharmacy network in SA after Pick n Pay deal
By Sandile Mchunu
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DURBAN - JSE-LISTED health and beauty retailer Clicks Group is set to hold the largest retail pharmacy network in South Africa, with a portfolio of 632 pharmacies in the country, after it announced the acquisition of the retail pharmacy business of Pick n Pay, including 25 of its in-store pharmacies. ....

South Africa , Kwazulu Natal , Nesan Nair , Adrian Naude , Vikesh Ramsunder , Clicks Group , Local Choice , Sasfin Securities , க்வஸூல்யூ நேட்டல் , நேசன் நாயர் , விகேஷ் ரம்சூந்தேர் , கிளிக்குகள் குழு , உள்ளூர் தேர்வு ,

Clicks to hold largest retail pharmacy network in SA after Pick n Pay

Clicks to hold largest retail pharmacy network in SA after Pick n Pay
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South Africa , Kwazulu Natal , Nesan Nair , Adrian Naude , Vikesh Ramsunder , Clicks Group , Local Choice , Sasfin Securities , க்வஸூல்யூ நேட்டல் , நேசன் நாயர் , விகேஷ் ரம்சூந்தேர் , கிளிக்குகள் குழு , உள்ளூர் தேர்வு ,

Dis-Chem gains market share in tough macro-environment


Dis-Chem gains market share in tough macro-environment
Pharmaceutical giant Dis-Chem announced a healthy trading update for the first five-weeks of its 2021 financial year, with revenue growth up a staggering 12.1% compared to the prior corresponding period. Dis-Chem was one of the few opportunistic retailers during the pandemic, acquiring Baby City for R430m. Although the group produced solid top-line growth, many of the consumer behaviour trends continue to mount pressure on the company’s margins. The high margin health and beauty products continue to lag the non-discretionary lower margin products. Dis-Chem also noted the outperformance of its convenience centre located stores, whilst shopping malls remain an undesirable destination for the consumer. Despite the weak broader macroeconomic environment, the group has claimed market share in its core categories over the period. This is understandable given the group’s principle competitor, Clicks, having announced a worse- ....

South Africa , South Africans , Justin Rowe Roberts , Ivan Saltzman , Baby City , Single Exit Price , Dis Chem Pharmacies , Local Choice , Consumer Behaviour , Covid 19 , Market Share , Business News , ஜஸ்டின் ரோ ராபர்ட்ஸ் , இவன் சால்ட்ஸ்மேன் , குழந்தை நகரம் , ஒற்றை வெளியேறு ப்ரைஸ் , திஸ் செம் மருந்தகங்கள் , உள்ளூர் தேர்வு , நுகர்வோர் நடத்தை , சந்தை பகிர் , வணிக செய்தி ,