Retail
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Spar’s group sales up 5.8% despite underwhelming performance in South Africa grocery business
SOUTH AFRICA – South African grocer Spar Group saw robust trading for the 18 weeks to January 29, 2022, boosted by the lifting of liquor…
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Tuskys to lose largest asset yet through public auction over US$5.7m debt
KENYA – Ailing retailer Tuskys is facing a new auction at one of its remnant branches inside Nairobi’s Central Business District (CBD), over a Ksh650…
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Woolworths’ customers guilt free relish on chocolate-based products made from sustainably sourced cocoa
SOUTH AFRICA – Leading retailer, Woolworths has marked a major milestone, achieving 100% responsibly sourcing of cocoa. This means that all its branded chocolate and…
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Kenyan retailers Quickmart, Chandarana expand footprint, get closer to customers
KENYA – Local Kenyan retailer, Quickmart Supermarket, majority owned by Mauritius-based private equity firm Adenia Partners, has opened a new branch in Kitengela, south of…
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Shoprite Nigeria plans to open new outlets eyeing future growth
NIGERIA – Retail Supermarket Nigeria Limited, owners of Shoprite in Nigeria, has announced plans to reopen the Circle Mall Store located in Jakande, Lekki Lagos.…