Clicks Group delivered another resilient retail trading performance as improving margins and robust cash generation contributed to adjusted headline earnings increasing by 11.1% to R2.5 billion in the year to August 2023.

Clicks Group CEO Bertina Engelbrecht won three awards and Clicks Group was a finalist in two categories at the 2023 Gender Mainstreaming Awards which acknowledge and celebrate meaningful representation of women in mainstream business across Africa.

Globally, retail pharmacies are adapting their models to meet changing consumer preferences. According to consulting firm McKinsey, the pharmacy of the future needs to create “a differentiated experience for the consumer” or offer a “differentiated set of products and services.”

Clicks Group proved its resilience and defensiveness in challenging trading conditions as retail turnover increased by 11.9% in the six months to February 2023, with Clicks reporting market share gains in all product categories.

Health and beauty retailer Clicks Group is to acquire Sorbet Holdings, the owners of the national chain of Sorbet beauty salons, for R105 million.