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Giant businesses may be squeezing their smaller counterparts out of the market in many sectors, but trust the pharmaceutical industry to come up with a pill for every ill. While independent pharmacies may not have as much muscle as the big guys, they have innovative ways to stay afloat in an increasingly competitive business world, reports LEONG SHEN-LI.
RETAILING in today's economy may be a tough business, what with the intense competition and price war among players. In terms of growth, the retail business seems to have reached saturation point. Nevertheless, this spectre has not put off Tesco Stores (M) Sdn Bhd.