Retail
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SA retailer Pick n Pay launches aggressive plan to take on competitors
SOUTH AFRICA – In an effort to claim back market share, Pick n Pay has launched a new strategic plan, which will see the retailer…
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Competition Commission gives nod for Massmart’s sale of businesses to Shoprite
SOUTH AFRICA – South Africa Competition Commission has recommended the Competition Tribunal to approve the sale of Massmart’s Cambridge Food, Rhino and Massfresh to Shoprite…
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Pick n Pay partners with Takealot to boost online grocery sales via Mr D app
SOUTH AFRICA – Retail chain Pick n Pay and online store Takealot have signed a commercial services agreement which will enable customers across South Africa…
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Shoprite Checkers establishes US$599m evergreen B-BBEE employee trust
SOUTH AFRICA – JSE-listed retailer Shoprite Holdings, through its subsidiary Shoprite Checkers Propriety Limited, has formed an Employee Trust with 40 million Shoprite Checkers’ shares…
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Carrefour launches Africa’s first gourmet store in Egypt featuring exclusive, premium offerings
EGYPT – Carrefour Egypt, owned and operated by Majid Al Futtaim, has opened its first gourmet store in the region at Fifth Settlement, New Cairo.…