There is also the issue of inflation and interest rates. As these go up, the average family has less money to spend. Consumer spending therefore has a real risk of declining. What does that mean for pharmacy? Perhaps 2023 is a very different world in pharmacy land than 2021 and 2022.
As I am writing this, I am a few days out from a planning and strategy (full day) session on the future of community pharmacy. So it’s timely I give you my current thoughts on where the market is at the moment.
