A5 Pharmacy Chain to unveil franchise
RBC, 13.02.2012, Moscow 12:00:04.Russia's A5 Pharmacy Chain is expected to come out with a franchising program within the next two months, the company's CEO Sergey Solodov told RBC Daily. The program targets small pharmacy chains in Moscow, Moscow and Nizhny Novgorod regions, where A5 has a footprint. The company plans to offer its franchisees A5 and Mosoblfarmatsiya brands.
A5 expects to roll out reverse franchising, whereby an owner of a sales space will sell A5's goods at a fee. The company intends to stipulate in agreements with its franchisees an option to buy them at a later time, Solodov went on to say.
A5 currently operates 420 discount pharmacies under the Norma brand, 400 pharmacies under the Mosoblfarmatsiya brand, and 340 pharmacies under the Social pharmacy brand.
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A5 Pharmacy Chain to unveil franchise
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