CPL moves into fashion retailing and goes onto opening two Jacks of PNG stores in Port Moresby. CPL also opens two Prouds Duty Free stores at Jacksons International Airport.
Sir Mahesh Patel, and the late Alan Jarvis establishes ‘The Pharmacy’, in Port Moresby at Garden City, Boroko with only four staff members. The Pharmacy would later be renamed into the brand we know today as ‘City Pharmacy’.
City Pharmacy goes on to expand its operations by opening five pharmacy outlets in regional PNG.
At a time when tensions remained high, City Pharmacy makes history by becoming the first business house to commence operations in Buka, following the Bougainville Crisis.
City Pharmacy Limited (CPL Group) lists on the Port Moresby Stock Exchange (PNGX:CPL).
CPL launches Real Rewards, becoming PNG’s first major points-based customer loyalty program, rewarding shoppers with points which can later be used to redeem products, and access to member-only offers.
CPL Group acquires the Stop and Shop Supermarket chain from Steamships Trading Company.
CPL launches the first Women’s Empowerment and Recognition Program in PNG, the Pride of PNG Women Awards, honoring extraordinary women doing extraordinary work in the Communities. This program is now managed by the CPL Foundation Inc.
Following the acquisition of Stop & Shop four years prior, CPL acquires the Hardware Haus Chain of Hardware and Home Improvement Stores from Steamships Trading Company.
Mahesh Patel named Director of the Year by the PNG Institute of Directors.
CPL expands the Supermarket segment with the launch of Bon Cafe Coffee Shops, ushering a new era of coffee culture in PNG. Bon Cafe operated alongside the Stop & Shop Supermarkets
CPL Group is named Private Sector Employer of the Year by the PNG Human Resources Institute.
CPL is named Innovative Company of the Year by the PNG Institute of Directors.
CPL Group also acquires Sydney, Australia-based pharmaceutical wholesaler Cost Save Pty Ltd.
CPL opens new concept shopping complex, Waigani Central, in Port Moresby. It features a do-it yourself hardware concept store, its largest ever Stop N Shop supermarket and its second Paradise Cinema complex.
CPL moves into fashion retailing and goes onto opening two Jacks of PNG stores in Port Moresby. CPL also opens two Prouds Duty Free stores at Jacksons International Airport.
CPL Group’s Gerehu Distribution Center is devastated by the fires. This affects the supply chain of the business greatly. With the support of suppliers and communities, the company makes a swift recovery from the damages.
Company recapitalised by K48 million
Sir Mahesh Patel, OBE is recognized in the Queen’s Birthday awards as a Knight Bachelor for services to PNG.
Mr Navin Raju is appointed new Chief Executive Officer. ISO Accreditation: The Group is accredited to ISO 9001: 2015- Quality Management System and ISO 45001:2018- Occupational Health and Safety Management System Standards