Terry White Chemmart ready to take on Amazon, discounters
Terry White Chemmart (TWC) is well positioned to hold its own against discounters and potential new entrants, such as Amazon.
That’s the view of TWC CEO Anthony White (pictured), who predicts the group will enjoy growth despite a fiercely competitive market.
He believes pharmacy will be more resilient in the face of disruption than other retail sectors, such as electronics.
“A lot is based around the quality of the service provided by the pharmacist.
“But it’s certainly a concern. We’ve done some initial work on it and we’ve got to monitor it but generally we are feeling pharmacy is more resilient than other retailers.”
Mr White was commenting after the Terry White Group (TWG) issued a trading update for the end of the financial year.
Based on unaudited management accounts, earnings before interest, tax, depreciation and