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Global Supermarkets Will Affect Australian Pharmacies
Australian supermarkets are set to share the market with a new global entrant -the German-based Lidl supermarket, which is a discount entrant sharing similar styles and philosophies as Aldi – the other German supermarket which has established itself with a very successful market share already in Australia. When you view a Lidl store it’s hard…
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UK Supermarket Reversal – Offloading Pharmacies Instead of Acquiring Them
Sainsbury Supermarkets occupy the Number Two position in the market share chart of UK supermarkets. But it has shown a decline in market share and turnover in the last financial year, and this has been attributed to the discounters Lidl and Aldi. Aldi had the greatest impact with its sales increase being to the order…
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Choice gives us the tick of approval
I guess we have arrived at last! Our professional expertise has been approved by Choice magazine – a publication which has been fairly critical of us over the years. Even made the front page of some pharmacy newsletters. But hold on………the tick of approval has nothing to do with our professional expertise, our role in…
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A Call to Arms – Your Next Fight for Survival
In our last edition our lead article COSBA Support for Pharmacists Owning Pharmacies may not have attracted your attention and the significance of a different type of threat to the survival of pharmacy. We were interested to note that at least one pharmacist was alert to these circumstances and posted to the Auspharmlist Bulletin Board who noted…
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COSBA Support for Pharmacists Owning Pharmacies
Peter Strong is the name of the chief executive of the Council of Small Business of Australia, and he was invited to address the National Press Club recently about Australia’s economic health. Given that political parties of all flavours acknowledge small business as being the driver of employment and innovation within Australia’s economy, it was…
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Supermarket Comparisons – are they individually different?
i2P began reporting on Aldi well before they opened their first store in Australia and it has always been favourable. They are renowned for their constant attention to detail in designing their internal systems and their continual auditing of costs. They also tend to put cost savings back into their retail prices. And by putting…
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Walmart Is Rolling out a Primary Health Care “whole of store” Concept
It’s not just pharmacy expansion that US retail giant Walmart is changing the face of, but the entire scope of primary health care. This brings them into direct conflict with medical centres and given the massive resources and scale of operations, they are in a position to alter the primary health care market significantly and…
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Marketing Focus: 1. Dunning Kruger Effect 2. Modern Retailing 3. A Sustainable World
That explains a lot! Australian Labor Party (ALP) political heavy-weights Bill Shorten, Tanya Plibersek, and Penny Wong appear to have at least one thing in common. They each exhibit the characteristics of the Dunning-Kruger Effect. It is not an affliction that is limited to politicians and politics. Some business owners and marketers (along with their entities,…
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Pharmacy Nemesis Roger Corbett – Back to the Future
Influential shareholders of Woolworths are seeking to invite Roger Corbett, the nemesis of Australian pharmacy, back into the fold as chairman. They say: “Woolworths needs a circuit breaker. Given the way Woolworths has lost direction and given the loss of shareholder value, there needs to be accountability – what’s needed is a circuit breaker to sort out the…
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A Clinical Look at Pharmacy
As pharmacies move towards establishing vaccination clinics, pharmacy is experiencing major resistance from medical groups. This was predicted by i2P and in fact we commented that clinical pharmacists would come under scrutiny from a range of sectors that includes doctors, nurses, patients and government agencies, and that scrutiny would be harsher than what they would…