Retail
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SA retailer Pick n Pay, Standard Bank unveil cashless, easy paying mode for customers
SOUTH AFRICA – South African retailer Pick n Pay has partnered with Standard Bank to foster easy, faster and convenient mode for customers to pay…
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Kenyan retailer QuickMart fuels expansion plans, opens 46th outlet
KENYA – QuickMart, Kenyan retailer majority owned by Mauritius-based private equity firm Adenia Partners, has opened a new branch in Kisii town as part of…
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US private equity firm CD&R to acquire UK supermarket Morrisons for US$9.5B
UK – U.S private equity firm Clayton, Dubilier & Rice (CD&R) is set to take control of Britain’s fourth-biggest supermarket group Morrisons after winning the auction for…
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Botwana retailer Choppies turns to profitability courtesy of restructuring efforts
BOTSWANA – Botswana based retailer, Choppies Enterprises Limited has gone full circle, bouncing back from a loss in the previous financial year to post a…
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Lulu strengthens retail presence in Qatar with opening of 15th hypermarket
QATAR – Emirati multinational conglomerate company LuLu Group has strengthened its position in Qatar’s retail market with the opening of its 15th store at Abu…