Retail
-
Botwana retailer Choppies turns to profitability courtesy of restructuring efforts
BOTSWANA – Botswana based retailer, Choppies Enterprises Limited has attained its first profit since 2016 of P37.7 million (US$3.4m) in the six months ended 31…
-
Carrefour Kenya plans to enter lakeside market with a bang, set for twin openings
KENYA – Carrefour Kenya, operated by Dubai-based conglomerate Majid Al Futtaim, is set to open two branches in Kenya’s third largest city, Kisumu, in pursuit…
-
Kenyan retail startup MarketForce raises US$2m series A funding round, eyes Nigerian market
KENYA – Kenyan retail-tech startup MarketForce, has undertaken a Series A funding round, raising US$2 million to scale up operations. Existing investors such as P1…
-
Apollo Global enters race to buy UK’s fourth largest supermarket chain Morrisons
UK – Global alternative investment management firm, Apollo Global Management, has joined the race to acquire UK’s fourth largest supermarket chain, Morrisons. Apollo Global’s purchase…
-
Retail sector adopts technology to improve customer experience amid a pandemic – Euromonitor
GLOBAL – The unique challenges brought by the pandemic forced many players in the retail sector to adopt technology to help them enhance customer experience. …