Is COVID-19 good for Chemist Warehouse and other category leaders?
Chemist Warehouse will increase its market share once the expected COVID-19 recession is over, according to a retail expert.
Following a prolonged recovery, category-leading retailers, such as Chemist Warehouse, will “increase their market share and be in a position to acquire other retailers”, according to John Batistich, a non-executive director of three companies and the Heart Research Institute.
They will also be primed to enter adjacent segments or create online marketplaces, he writes in Smart Money.
“When we break on