retail news in context, analysis with attitude

Reuters reports that if the UK Office of Fair Trading eases restrictions on the number of pharmacies in the country, a truckload of new competitors are expected to target the UK.

At the top of the list are supermarket retailers such as Tesco and Wal-Mart’s Asda Group, which would love to get into the pharmacy business in a big way.
KC's View:
One assumes that the same thing that happens here will happen there…pharmacies opened by supermarkets generally are the last department to break even…and once they have, these pharmacies end up being a key to generating consumer loyalty.