HISTORY

New Clicks Holdings goes back 40 years to 1968 when entrepreneurial retailer Jack Goldin opened the first Clicks store. While Clicks was conceived as a drugstore, regulations governing pharmacy ownership meant that it operated as a drugstore without the drugs until legislation was changed in 2003, enabling the business to fulfil its founding vision. These milestones outline the highlights of the group over the past four decades.

1968
August

Clicks founded by
Jack Goldin

1968
August

First Clicks store opens
in St Georges Street, Cape Town

1971
June

Clicks expands
outside the
Western Cape

1979
March

Clicks Stores listed on the JSE
with a market capitalisation
of R10 million and 30 stores

1984
March

Acquisition of
Discom, comprising
11 stores, for R700 000

1988
July

Jack Goldin sells
control of the company
to Score Food Group

1992
April

Acquisition of Musica,
the country’s leading music retail brand,
for R1.2 million

1992
July

Control of the group moves
to The Premier Group Limited

1995
August

ClubCard loyalty
programme launched –
first of its kind in Africa

1995
November

The assets of the Clicks Group Limited
are sold to a subsidiary of Malbak Limited,
New Clicks Holdings Limited

1996
March

New Clicks Holdings listed on
the JSE with a market
capitalisation of R880 million

1997
April

Malbak unbundles and
the company has no controlling
shareholder for the first time

1998
July

New Clicks expands to Australia with the
acquisition of the 70-store Priceline chain
for R176.5 million from Jack Goldin and
subsequently acquires House
and Price Attack and launches
Priceline Pharmacy

2001
November

The Body Shop opens its first store in Africa, at Cavendish in Cape Town, through a franchise agreement with The Body Shop International

2003
January

Acquisition of wholesale distribution
company, New United Pharmaceutical Distributors (UPD) at a cost of R281 million

2003
April

Legislation passed enabling
dispensaries to be
introduced into Clicks stores

2004
January

Australian operations sold to
a consortium of private equity
investors for A$107 million

2004
March

First Clicks pharmacy
opens in Sea Point,
Cape Town

2006
July

Clicks opens its 100th dispensary
in Knysna and introduces a
ClubCard credit card

2007
September

Sale of Discom to Edcon
for R316 million

2008
July

The 150th Clicks Pharmacy
opens at Hyde Park shopping
centre, Johannesburg

2008
August

Clicks celebrates
its 40th birthday