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Breaking down the clever approach to Chemist Warehouse’s public listing

Inside Retail

A benefit of this strategy is the ability to bypass regulatory filings, or the funding to go public. In the case of Chemist Warehouse, the acquisition would position it as a superpower in the Australian pharmaceutical market, dominating the wholesale and retail markets through vertical acquisitions across the value chain.

Marketing 245
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Retail appointments of the week

Inside Retail

Best and Less, The Reject Shop CEOs depart By Rakshnna Pattabiraman The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Huddle said the company has the “right strategy in place” to deliver long-term growth.

Shopping 130
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Retail appointments of the week

Inside Retail

New CEO at Go Vita By Aron Lewin Australian health food retail chain Go Vita Group has appointed Ann Cattelan as the new chief executive officer, effective 1 February. “In the current environment, where cost of living pressures are front of mind, helping all Australians with some extra cash in their wallet is more beneficial than ever.”

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Retail crime: Why foiling shoplifters takes a team effort

Inside Retail

The study reveals a worrisome trend: All major categories of retail crime have increased since the previous study conducted in 2019. However, what’s particularly alarming is the substantial rise in the costs attributed to customer theft, which have surged by 20 per cent between 2019 and 2022. What deters shoplifters?