The Braadcast with Ivan Saltzman (S2, Ep7): "How Dis-Chem Changed South African Retail Forever"
The Braadcast by Norman Raad by Broll Auctions and Sales
Episode notes
Some businesses grow because they follow the market.
Others grow because they completely rethink it.
When Ivan and Lynette Saltzman opened their first pharmacy in Mondeor in 1978 with just R10,000 in capital, the prevailing view was that pharmacy retail was expensive, conservative and difficult to scale.
Ivan saw something different.
Customers wanted better pricing, better access and a more personal experience - and he believed pharmacy could become retail in a far bigger sense. What followed was the creation of Dis-Chem Pharmacies, a business that would go on to fundamentally reshape South African pharmacy retail and become one of the most trusted brands in the country.
But behind the growth story is something deeper. A founder-led culture, relentless operational discipline and a business built over decades - not qu ...