Chemist Warehouse enters UK via Sigma-GreenLight deal, converting up to 5 London pharmacies
Australia's $24B discount pharmacy giant takes 75% stakes in up to five GreenLight London sites, importing its large-format, big-box discount model into a UK market reeling from 1,500 pharmacy closures and Boots/LloydsPharmacy retrenchment.
Australia's Chemist Warehouse enters the UK via Sigma Healthcare's partnership with GreenLight Healthcare, converting up to five London pharmacies to its discount large-format model, taking 75% stakes and challenging Boots in a strained UK pharmacy market.