Sarah ChenLogistics
Chemist Warehouse Cuts Delivery to 56 Minutes Across 550 Australian Stores
A ship-from-store push across 550 pharmacies handled 32,000 rapid orders in a single month as Australian online spending hit 82.6 billion dollars.
Tag
pharmacy
Every story tagged pharmacy on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged pharmacy
28 stories in this topic
Rajiv MenonGeneral
AS Watson Rejects AI Staff Cuts Across 17,000 Global Outlets
Group chief executive Malina Ngai says the Hong Kong health and beauty giant will use automation to free store staff rather than slash headcount.
Wei ZhangLiving
Sigma Healthcare Profit Jumps 22 per Cent as Annual Sales Top $10.8 Billion
Chemist Warehouse store expansion and surging demand for GLP-1 treatments pushed full-year earnings past the billion-dollar threshold.
Rajiv MenonLiving
Big Caring Group’s Bold Move: Malaysia’s Biggest Pharmacy Retail Chain Gears Up for High-Stakes IPO
Big Caring Group, Malaysia’s premier pharmacy retail chain, is gearing up for an initial public offering (IPO) as part of its strategic plan to strengthen its standing in the country’s burgeoning retail health sector. A Promising IPO Based in Kuala Lumpur and…
Wei ZhangLiving
Japanese pharmacy Ain to acquire rival for $690 million
Japanese pharmaceutical retailer, Ain, has unveiled plans to acquire its competitor, Kraft, which operates the Sakura pharmacy chain. The proposed transaction is estimated to be worth over 100 billion yen (approximately US$690 million). Ain’s intention is to…
Sarah ChenGeneral
South Korea’s SK Group may sell some Southeast Asia assets
South Korea’s second-largest conglomerate SK Group said on Monday it is considering selling some of its assets in Southeast Asia and reinvesting in other businesses in countries in the region, including Vietnam. An SK Group spokesperson said in a statement…
Maria SantosLiving
Carlyle eyes investing in Malaysia’s Caring Pharmacy
Multinational private equity investor Carlyle Group is reportedly in talks with Caring Pharmacy to acquire a majority stake in the Malaysian drugstore chain. According to DealStreetAsia, the deal is projected to reach more than US$300 million in size. Earlier…
Sarah ChenLiving
Long Chau Pharmacy sees revenues triple in H1
Long Chau Pharmacy tripled its revenues year-on-year in the first half-year to VND4 trillion ($171.38 million) and opened hundreds of new stores. It increased its contribution to FPT Retail’s revenues from 15 percent to nearly 30 percent in the period. At the…
Sarah ChenLiving
Priceline Pharmacy launches health insurance
Priceline Pharmacy has launched a unique health insurance brand and products in partnership with health fund nib. The launch of the health insurance products sees Priceline Pharmacy become the first pharmacy retailer to offer this to its customers. The cover…
Aiko TanakaGeneral
7-Eleven Malaysia ventures into Indonesia’s pharmacy market
7-Eleven Malaysia Holdings Bhd has teamed up with a listed company on the Jakarta Stock Exchange to set up a retail pharmacy chain in Indonesia. SEM, in a filing today, said its 75% owned Caring Pharmacy Retail Management Sdn Bhd has entered into a joint…
Minjun ParkLiving
E-pharmacy startup Medigo raises $1 million
E-pharmacy startup Medigo has received a $1 million investment from venture capital firm Touchstone Partners. The med-tech company, which helps users order medicine from pharmacies in the comfort of their homes, plans to expand its offerings to telemedicine…
Minjun ParkLiving
Amazon launches Pharmacy subscription offer in US
Amazon.com Inc said on Tuesday it was now offering six-month prescriptions starting at $6 for medications of common health issues through its pharmacy. The company said prime members would get additional savings when paying without insurance. Customers can…
Aiko TanakaLiving
Online concierge pharmacy platform POC raises $4.5 mln to improve services in Vietnam
Pharmacy Online Concierge Pharma has secured $4.5 million in an equity financing round to digitize pharmacies in Vietnam. Based in Vietnam and Hong Kong, the platform helps stakeholders such as pharmacies, drug manufacturers, distributors, wholesalers, and…
Rajiv MenonLiving
Amazon looking at $100 million investment in India’s Apollo Pharmacy
Amazon.com Inc is considering a nearly $100 million investment in India’s pharmacy chain Apollo Pharmacy, facing up to Reliance Industries Ltd and Tata Group in the country’s fast-growing drug market, the Economic Times reported on Wednesday, citing two…
Wei ZhangE-Tailing
Amazon US launches online pharmacy in new contest with drug retail
Amazon.com Inc on Tuesday launched an online pharmacy for delivering prescription medications in the United States, increasing competition with drug retailers such as Walgreens, CVS and Walmart. Called Amazon Pharmacy, the new store lets customers…
Aiko TanakaLiving
JV arrives to create US$7.9bn Chinese pharmacy giant
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…