Upbeat Clicks eyes even more market share gains with its house brands

Pharmaceutical retailer Clicks plans to continue investing heavily in its private label products offering, looking to lure customers of every income level that are increasingly on the hunt for value in a battling economy.

The JSE-listed retailer’s strategy to expand its private label reach in popular categories like baby and cleaning products was also paying off, with Clicks reporting on Thursday that private label sales had soared more than 15% in the year to end August. One in four products sold are under its house brand, and the group has been gaining market share.

In certain categories, such as the baby segment, the statistics were even more impressive, with one in every three diapers sold at Clicks having its private label.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.

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Clicks surges as market share gains help deliver double-digit earnings growthClicks surges as market share gains help deliver double-digit earnings growth
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South Africa's Clicks posts 11.5% rise in full year earningsSouth African pharmacy chain Clicks Group (CLSJ.J) reported a rise of 11.5% in full-year earnings on Thursday, boosted by improving margins and strong cash flow generation.
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