Retail
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Shoprite, Naivas supermarkets continue cementing leadership position in home markets
SOUTH AFRICA – Africa’s largest retailer, Shoprite, has created over 200 jobs in its home market – South Africa with the opening of two new…
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SA online retailer Takealot to open massive new distribution centre in Cape Town in 2022
SOUTH AFRICA – South Africa’s E-Commerce retailer Takealot Group has embarked on the construction of a new distribution centre (DC) in Cape Town, expected to…
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Pick n Pay’s tale of two differing quarters earns the retailer 4.1% rise in half year revenue
SOUTH AFRICA – South African retailer Pick n Pay has published its financial results for the six months ended 29 August 2021, with the group…
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Moroccan retailtech startup Chari.ma raises US$5m to spearhead expansion plan
MOROCCO – Chari.ma, a Moroccan B2B e-commerce platform that fashions retailers with suppliers has raised US$5 million in the largest venture funding round in the…
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Massmart eyes majority stake in delivery service provider OneCart to bolster eCommerce capabilities
SOUTH AFRICA – Walmart-owned South African retailer, Massmart has reached agreement to acquire 87.5% of the issued shares in OneCart. This is in line with…