Dis-Chem is accelerating its wholesale-brand franchise network. Management says its independent pharmacy platform, The Local Choice (TLC), could eventually grow to 500 stores. This aggressive push highlights the ongoing consolidation in South Africa’s independent pharmacy sector. In the year to February, the number of TLC franchise stores increased to 280 from 240. The number of independent pharmacies supplied by Dis-Chem…
Tag: South Africa Retail
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Dis-Chem Better Rewards Programme Drives Revenue
Dis-Chem says a revamped loyalty strategy is translating into faster growth and market share gains. The retailer reported a 10.1% increase in group revenue in the 24 weeks to mid-February, supported by strong wholesale momentum and an uplift in retail performance linked to its new Better Rewards programme. Group retail revenue rose 9.5% in the period. Wholesale revenue increased 15.7%,…