Sigma revolt costs $70 million in annual sales
Sigma lost around $70 million in sales following a revolt of by 45 pharmacies that left the group earlier this year.
The Queensland pharmacies, which were co-branded Chempro and Amcal, refused to rebrand as Amcal only.
News of the defection emerged at APP in March, but the financial impact of the parting was made public for the first time following Sigma’s half-year results presentation.
In the past, pharmacies in the network were not obliged to display the Amcal logo or even purchase from the group.
However, the group had moved to a stricter model to ensure