MASSY Stores has announced the impending sale of its in-store pharmacy assets to SuperPharm, allowing the brand to sell out of its current locations.
In newspaper advertisements on August 13, Massy said the sale would benefit Massy Stores customers, affording them an enhanced experience and “specialised service.”
SuperPharm and Massy Stores have ten locations in Trinidad each but none in Tobago.
Chief executive Kavi Panday said the move “is consistent with Massy’s transformational agenda as they remain focused on innovating supermarket retail in Trinidad.”
Massy said the transition is “expected to cause minimal disruption” to the pharmacies.
Massy Stores said loyalty card holders would continue to receive benefits at the in-store pharmacies and that the in-store pharmacies would operate independently when the sale is completed.
SuperPharm chief executive said, “We are excited to partner with Massy Stores…As specialists in the retail pharmacy business, SuperPharm is widely known for expert counselling by our pharmacists, accessibility to affordable, genuine products and the continuous value we add.
“Massy customers will continue to enjoy their benefits at the in-store pharmacies as we accompany them on their wellness journey.”
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