Chemist Warehouse branding will be seen in the heart of London soon, with owner Sigma Healthcare entering into a joint venture with Greenlight Pharmacies.
After moving into New Zealand, Dubai and Ireland, and online in China, the Chemist Warehouse brand is poised to make its UK debut.
Owner of Chemist Warehouse, Sigma Healthcare, has signed a Memorandum of Understanding with Greenlight Healthcare Limited (GreenLight) as part of a joint venture.
Greenlight is an employee-owned pharmacy group founded in London in 1999. It currently has 22 stores in and around London and will continue to hold 25% of stores.
Under the joint venture arrangement, 75% of stores will be rebranded as Chemist Warehouse and intellectual property and they will provide retail support, including ranging, store layout, inventory management and marketing support. GreenLight will provide the dispensary and professional services requirements and back-office support.
The first phase is to identify which GreenLight pharmacies should be developed or relocated into Chemist Warehouse stores. Phase one will focus on five stores initially with more stores in Phase 2 if these prove successful. The first site will be in Hoxton Street, northeast of the city of London.
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The expansion was announced at today’s 2026 Macquarie Australia Conference. Sigma CEO and MD, Vikesh Ramsunder said the international expansion was one of their four key strategic growth pillars.
“Having proven that the Chemist Warehouse model resonates with customers in other markets, including New Zealand and Ireland, the JV with GreenLight now provides a measured market access into the UK.”
Mr Ramsunder also gave sales update on the business, saying there has been strong sales growth in Australia and internationally.
This is particularly thanks to growth in GLP1 sales which is expected to continue.
“The Australian Chemist Warehouse branded store network continues to perform strongly, reflected in financial year to date sales growth,” Mr Ramsunder said.
“The GLP1 sales uplift in these stores is expected to be an enduring benefit, with the average basket size of a GLP1 customer 40% higher in units.”
