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China’s Laobaixing and Yixintang Pharmaceutical Group are in advanced talks to create the country’s biggest drugstore chain via a share swap, three people familiar with the matter said. Laobaixing’s founders, Xie Zilong and Chen Xiulan, are expected to have a…
Online and offline pharmaceutical and healthcare retailer and wholesaler China Jo-Jo Drugstores boosted revenue by 7.9 percent in the December quarter “We delivered outstanding financial results for the third quarter of 2020, with revenue recording $33.36…
Christchurch-based pharmacy and animal healthcare firm said it is confident it will see a significant increase in earnings in FY20 after reporting a less than stellar result for the year ending June. Company chief executive John Cullity said 2019 was a year…
TerryWhite Chemmart (TWC) announced Duncan Phillips as the new chief executive of the pharmacy retailer on Tuesday, following Anthony White’s decision to step down after 11 years at the helm. White said in a statement on Tuesday that it has been “an absolute…
Brian Jamieson, chairman of Sigma Healthcare, has said he intends to step down within the next 12 months after shareholders protested the remuneration report at Sigma’s annual general meeting on Wednesday. Shareholders delivered an 18 percent vote against the…
International health and beauty retailer AS Watson Group says its use of predictive modelling technology is delivering successful product launches. The firm has worked in close partnership with brands to help them penetrate specific demographics or enter new…
Hong Kong-headquartered healthcare and beauty retailer Watsons is to launch in Vietnam. The first Watsons Vietnam store will open on January 17, in the lower floors of the high-profile Bitexco tower in downtown Ho Chi Minh City. The store will take up at…
Singapore’s Temasek Holdings is reportedly looking to quit its stake in Hong Kong-headquartered beauty products retailer AS Watson. Temasek spent US$5.6 billion to acquire a 25 per cent share of AS Watson in 2014 from Hong Kong’s CK Hutchison, which retains…
China Jo-Jo Drugstores, Inc. (CJJD) yesterday announced financial results for its first fiscal quarter ended June 30, 2016. FY 2017 First Quarter Highlights: Revenue was $20.9 million compared to $21.3 million a year ago Gross profit increased 2.4%…
China Jo-Jo Drugstore expansion drove revenue up 15.8 per cent in the year to March 31. Online sales soared 77.8 per cent year-on-year to US$26.5 million and now accounts for 29.7 per cent of the group’s sales. New stores helped offline retail sales rise 4.9…
China Jo-jo Drugstores Inc institutional sentiment decreased to 0.75 in 2016 Q1. Its down -0.25, from 1 in 2015Q4. The ratio turned negative, as 3 hedge funds increased or opened new stock positions, while 4 reduced and sold holdings in China Jo-jo Drugstores…
China Jo-Jo Drugstores has launched the first Internet-based Remote Hospital Network platform in Zhejiang Province, China. The virtual physician platform will be offered onsite at its retail pharmacy locations. This would allow the company to partner with…
Malaysian listed retailer Caring Pharmacy has seen its share value soar 85 per cent in just two months. And no one seems to know why… The company has 106 pharmacies across Malaysia, just two more than it had three months ago, and has projected expansion at a…
Japan’s largest drugstore Matsumotokiyoshi has chosen Thailand for its first international foray. Matsumotokiyoshi Thailand is a joint venture between the Japanese company and Thai retail conglomerate Central Retail Food Corp who have formed Central &…
Japan’s largest drugstore operator, Matsumotokiyoshi, will open a store in Bangkok this week, its first abroad, and a second one by the end of the year, the head of the company’s new joint venture here said Tuesday. “We are confident to be successful here,”…
China Jo-Jo Drugstores, Inc., a leading China-based retail and wholesale distributor of pharmaceutical and health care products through its own online and retail pharmacies, today announced financial results for the first quarter ended June 30, 2015. FY 2016…
