Pharmacy face-off endangering smaller players
That said, you only have to look at their Australian website to notice that Kiwi consumers are paying more for most items than what Australians are for the same products. But even though the Chemist Warehouse has been the most brazen “disrupter” to the traditional community pharmacy model, they are certainly not alone. The New Zealand-owned discount pharmacy chain Bargain Chemist, and the instore Countdown Pharmacy chain, are also pursuing the high-volume, low-margin operating model, underpinned by their bulk purchasing power. In fact, Countdown and Chemist Warehouse are the head-to-he...