Go offline with the Player FM app!
Chemist Warehouse – Jack Gance revolutionises retailing in Australia, upending the traditional Pharmacy model. And why he can’t stop!
Manage episode 374762909 series 2715585
An immigrant child of Polish Jewish parents, Jack Gance ended up disrupting several entire industries with HIS model of shopkeeping. The pharmacist turned into an entrepreneur by chance really. After university he and his brother started with just 1 pharmacy in the early 1970’s, which they slowly built on. Along the journey, Jack Gance totally upended the way traditional pharmacies in Aussie suburbs operate, by essentially making all the other products chemists sell aside from prescriptions, more enticing and cheaper for shoppers. He also built a distribution business in the process.
Over 51 years in business Jack Gance built up his Chemist Warehouse business and brand into a household name, thereby revolutionising not just the pharmacy model, but the entire retailing landscape. Now with 500 partner/franchise stores and around $8billion turnover a year, Jack reflects, just a little, on that amazing entrepreneurial journey.
See omnystudio.com/listener for privacy information.
116 episodes
Manage episode 374762909 series 2715585
An immigrant child of Polish Jewish parents, Jack Gance ended up disrupting several entire industries with HIS model of shopkeeping. The pharmacist turned into an entrepreneur by chance really. After university he and his brother started with just 1 pharmacy in the early 1970’s, which they slowly built on. Along the journey, Jack Gance totally upended the way traditional pharmacies in Aussie suburbs operate, by essentially making all the other products chemists sell aside from prescriptions, more enticing and cheaper for shoppers. He also built a distribution business in the process.
Over 51 years in business Jack Gance built up his Chemist Warehouse business and brand into a household name, thereby revolutionising not just the pharmacy model, but the entire retailing landscape. Now with 500 partner/franchise stores and around $8billion turnover a year, Jack reflects, just a little, on that amazing entrepreneurial journey.
See omnystudio.com/listener for privacy information.
116 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.