Business
‘You are pharmacists, not retailers.’
Pharmacy business expert John Thornett says he picked up some valuable ideas at the recent Pharmacy Connect conference. Here’s his seven key learnings I find Sydney a very busy and …
Ramsay reports $11.4B revenue – up 24% on last year
The “market-leading” healthcare group added just five retail pharmacies to its portfolio in Australia, after slowing down rollout of its pharmacy network Ramsay Health Care has announced a core net …
‘Landmark’ year for MedAdvisor
The digital medication management company has reported a 25% increase in operating revenue and 24% increase in gross profit following its expansion into the US and UK MedAdvisor has reported …
Chemist Warehouse linked to big money
The discount pharmacy chain is reportedly set to float but investors may have to wait, with rumours the date has been pushed to late 2020 Pharmacy giant Chemist Warehouse has …
EBOS reports ‘solid growth’ in underlying earnings
Full-year highlights included signed agreement with Chemist Warehouse Group for exclusive wholesale distribution, and moving to 100% ownership of TWC – but PBS reforms are having an impact EBOS Group …
Keeping up with things
Failing to upgrade your business management software can be very costly indeed, says Fiona Dixon of HLB Mann Judd When talking to SMEs about their current accounting and business management …
The 3 Ps of POS
What can pharmacies do to sort out the three Ps of point of sale: Position, Purpose, Presentation? Simon Gerrits of Pharmacium has some tips Many pharmacies point of sale counter …
Pointing out the benefits
Getting your point of sale systems working most effectively can benefit your pharmacy on a number of different levels It goes without saying that point of sale is the crux …
Changing the code
Raft of recommendations made to help small businesses meet ‘ambiguous’ fair dismissal obligations Fairness and removal of ambiguity are the crucial outcomes for small business from an overhaul of the …
Can pharmacy find its ‘jazz hands’?
Could the 7CPA become the driving force for change in community pharmacy? Or will it still stick to the old standards? Bruce Annabel and Mal Scrymgeour look at the options …
A new group
Arrow and Apotex have now merged to form Arrotex – claiming a 50% share in the Australian generic pharmacy market Arrow Pharmaceuticals and Apotex Australia have completed the merger announced …
Rents putting pressure on already stressed pharmacies
Pharmacy owners should be negotiating lower rents in line with sales declines, says expert Pharmacy business owners should be renegotiating lower rents in line with sales decline and shopping centre …