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Retailing under current regulations is like fighting with one arm tied behind your back, says Chemist Warehouse co-founder Jack Gance
Speaking to the Weekend Australians Victorian Business Editor, Damon Kitney, Mr Gance has again denied recent rumours of an Initial Public Offer or float but outlined changes to its ownership model.
In late 2017, rumours began to circulate that the discount giant was considering an ASX listingbut in March 2018, Mr Gance spoke to The Australians Eli Greenblat and said that while Chemist Warehouse had considered a number of options, it had no interest in an IPO.
Now, he has told Mr Kitney that such a move is not on our horizon.
We have no immed…
Read the full article at: https://ajp.com.au/news/cwh-restructuring-to-full-franchise-model/