The Clicks growth strategy is moving the retailer beyond its pharmacy roots, with CEO Bertina Engelbrecht targeting GLP-1 medicines, specialist healthcare and medical consumables. Clicks has raised its pharmacy market share to 24.7% and operates 835 pharmacies and 225 clinics. GLP-1 medicines the biggest near-term opportunity Engelbrecht sees GLP-1 medicines as the biggest short-term opportunity. These drugs treat diabetes and…
Tag: Clicks Group
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Clicks Annual Results Show Turnover Topping R50bn
Clicks annual results show group turnover passing R50bn for the first time, as the health and beauty retailer returned R976m in cashback rewards to loyalty members. Turnover rose 5.4% to R50.4bn in the year to end-August, or about R138m a day. Loyalty and discounts amid cost pressures Clicks ClubCard had 13.1 million active members, who accounted for more than four-fifths…
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Contraceptive Shortages Hit South African Healthcare
South Africa is facing severe supply constraints of several widely used birth control brands. Manufacturing disruptions at Aspen Pharmacare have triggered these stockouts. The Department of Health and the major pharmacy chain Clicks confirmed the disruption this week. The supply gap impacts both state-subsidised clinics and private pharmacies. Key oral contraceptives like Triphasil, Nordette, and Microval are currently difficult to…
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Clicks Group Half-Year Earnings Reveal Solid Profit Growth
Clicks Group has lifted profitability at the halfway stage of its financial year, even as consumers remain under pressure. The retailer said turnover for the six months ended February rose 7.4% to R24.9bn. Headline earnings increased 6.4% to R1.5bn. Headline earnings per share (HEPS) climbed 8.1% to 653 cents. The company said share buybacks over the past 18 months helped…
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Clicks Digital Push to Enhance Online Delivery Services
Healthcare and beauty retailer Clicks is embarking on a significant overhaul of its e-commerce platform. Its digital push aims to capitalise on growing home delivery demand and significantly improve customer convenience. The move comes as the retailer acknowledged that its online performance has been “sluggish”. This sluggishness is due to limited delivery options and lead times, despite online sales growing…
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Clicks expands with affordable generics and 24-hour pharmacies
As healthcare costs soar, Clicks’ customers increasingly choose generic medications because they are affordable. Sales of generics, including Clicks-branded and other pharmaceutical brands, grew by 10% in the year to August 2024. Generics comprise 59% of Clicks’ pharmacy sales by value and 69% by volume. As the demand for budget-friendly health solutions grows, Clicks CEO Bertina Engelbrecht emphasised the group’s…