Health, the new frontier for Wesfarmers, Woolworths
Wesfarmers and Woolworths are uniquely positioned to disrupt the health sector by building ecosystems in partnership with insurers and care providers, says Jarden.
The $200 billion health sector is shaping up as the next frontier for Australia’s largest retailers, as Wesfarmers and Woolworths eye new avenues for long-term growth.
Analysts at investment bank Jarden believe Wesfarmers and Woolworths are uniquely positioned to disrupt the health sector by building health ecosystems in partnership with insurers and healthcare providers, leveraging their retail ecosystems.
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Sue Mitchell writes the fortnightly Window Shopping column for the Financial Review and has covered retailing for over 30 years. Connect with Sue on Twitter. Email Sue at smitchell2045@gmail.com
