Woolworths still eyeing pharmacy

 

woolworths,wooliesWoolworths is still considering a pharmacy store in store model for its Australian supermarkets.

The grocery giant has re-lodged its trademark “Pharmacy-in-Supermarket” with the national intellectual property rights system, IP Australia.

Woolworths has been eyeing off pharmacy since at least 2003, when it first registered the brand name with IP Australia.

Its previous lodging outlined plans to sell medicines, toiletries, drugs, and other products from within its supermarkets.

Federal Government regulation in place since 1990 stipulates that pharmacies must be owned by pharmacists.

This policy has locked out the non-pharmacy player, but it appears Woolworths still has hopes of cutting red tape.

It may follow the model of less regulated US retailers, such as Walmart, which has a Walmart Pharmacy model.

Woolworths has released other store in store models in the last year, including its beauty bar concept in Sydney.

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