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A challenger appears: Chemist Warehouse to enter New Zealand

  • News
  • August 21, 2017
  • Sarah Dunn
A challenger appears: Chemist Warehouse to enter New Zealand

Australia’s largest pharmacy, Chemist Warehouse, is coming to New Zealand. The 400-store chain employs over 8,000 staff members.

Chemist Warehouse is currently hiring in New Zealand, with job listings for retail pharmacy assistants; pharmacists; storepersons; a retail manager and a dispensary technician listed on job-search sites such as Seek.

According to these listings, Chemist Warehouse’s first Kiwi store is to be in Auckland. The store's website is owned and operated by the EPharmacy group, but the company itself is family-owned. News.com.au reported in 2016 that the company sold AU$4 billion worth of stock each year through its Chemist Warehouse, My Chemist and My Beauty Spot brands.

On its website, Chemist Warehouse says “Our great savings on products are due to aggressive pricing and larger volumes of trade. Unlike overseas rivals, we do not use any product that has not been approved for sale in Australia by the relevant authorities.”

Currently, New Zealand’s pharmacy sector is dominated by Green Cross Health, which represents around 350 pharmacies around the country. Green Cross owns the Unichem and Life Pharmacy brands.

As of 2014, Green Cross Health reached over 67 percent of the market and fulfilled more than 40 percent of New Zealand's prescriptions on an annual basis. When he spoke to Stuff about Chemist Warehouse's entry, Green Cross Health chief executive Grant Bai was relaxed about Chemist Warehouse's entry.

"None of us like a new person stepping on their patch and it's my job to be worried, but I'm a big believer of play the ball, not the man. We have to be really good at what we do, not focus totally on this discounter coming to market.

"I think they will be a little bit more challenged in New Zealand because of Pharmac, who dictate the price of medicines and have made our medicines some of the cheapest in the world," Bai said.

Chemist Warehouse has been approached for comment.

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Coastlands celebrates 50 years in business

  • Opinion
  • November 13, 2019
  • Jennie Gutry
Coastlands celebrates 50 years in business

Coastlands Shoppingtown in Paraparaumu is celebrating its 50th year in business. Coastlands 50th birthday event manager Jennie Gutry shares some reflections on the centre's early years.

Read more
 
 

Me|today pairing skincare and supplements launches

  • News
  • November 13, 2019
  • Sarah Dunn
Me|today pairing skincare and supplements launches

Consumers are often highly engaged with the brand that produces their skincare products, but less so when it comes to supplements. The idea behind me|today, a start-up selling paired product in both categories, is to leverage that engagement.

Read more
 
 

Michael Hill to offer lab-grown diamonds in New Zealand

  • News
  • November 11, 2019
  • Sarah Dunn
Michael Hill to offer lab-grown diamonds in New Zealand

Traditionally, prospective proposers should spend three months’ salary on an engagement ring. It should be a diamond solitaire, ideally one carat or bigger. However, in a market where many younger shoppers are struggling with student debt, concerned about housing affordability and suspicious of mined diamonds’ ethical credentials, Michael Hill has moved with the times and introduced an alternative.

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Winners of the 2019 Westpac New Zealand Franchise Awards announced

  • News
  • November 11, 2019
  • The Register team
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Yealands Wine Group appoints Tiffani Graydon as CEO

  • Who's Where
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  • The Register team
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New Zealand wine producer Yealands Wine Group has today announced the appointment of Tiffani Graydon as its new chief executive. Graydon has previously worked at Yealands in a GM sales and marketing capacity.

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Ziera likely to close all its stores after no buyer found

  • News
  • November 8, 2019
  • The Register team
Ziera likely to close all its stores after no buyer found

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