Medicine and beauty products retailer Clicks said on Thursday that it will spend R718m on its stores over the next financial year to pursue additional market share.
Clicks, which operates 704 stores and 545 pharmacies, increased its share of the retail pharmacy market one percentage point to 24.9%, saying it is well positioned to extend these gains. Headline earnings per share, the widely watched measure of performance, rose 12.2% to 683.9c for the year ended August, thanks in part to its medicine distribution unit, United Pharmaceutical Distributors , winning new contracts.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Clearly those 3 for 2 deals work for them. On another note, show how much margin there is in the pharma channel.