Food service, Retail, E-commerce
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Massmart reports marginal decline in total sales by 1.9% to US$5.4 billion
SOUTH AFRICA – Consumer goods distributor Massmart has reported a 1.9% decrease in total group sales for the 52 weeks ended December 26 2021 to…
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Shoprite attains 10% growth in half year sales supported by home market
SOUTH AFRICA – South African retailer Shoprite has generated an additional R8.3 billion (US$540m) in sales versus the corresponding period to increase sales by 10.0%…
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talabat expands its quick grocery delivery service across Egypt
EGYPT – talabat Mart, the 20-minute grocery delivery service by talabat, Egypt’s leading food delivery and q-commerce platform has expanded its footprints to Assiut, Zagazig,…
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Fitness brand Virgin Active acquires long-time healthy food offering partner Kauai, Nü
SOUTH AFRICA – Virgin Active, one of the largest global fitness brands, has entered into a binding agreement to merge the nutrition assets of Real…
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Quickmart takes battle to Naivas with Machakos branch as competitor opens 81st outlet in Nairobi
KENYA – QuickMart, Kenyan retailer majority owned by Mauritius-based private equity firm Adenia Partners, has opened its 50th outlet across the country in Machakos town,…