ASX:WESMultiline Retail
How Pharmacy Administration And AI Push At Wesfarmers (ASX:WES) Has Changed Its Investment Story
In recent months, more than 50 Priceline-branded pharmacies operated by Infinity Pharmacy Group entered administration, while Wesfarmers-owned Australian Pharmaceutical Industries stepped in as a key creditor and the group began rolling out ChatGPT Enterprise across its businesses through a partnership with OpenAI.
Together, the pharmacy administration highlights execution risks in Wesfarmers’ growing health division, while the AI rollout underscores its push to lift productivity and...