SagaRetail News

  • Retail heavyweights go toe-to-toe in Kenya

    Shoprite, Africa’s largest grocery retail chain, today opened its first store in Kenya, located in the Westgate mall in central Nairobi. This brings the South African retailer into direct competition with Carrefour, which has an outlet in the nearby Sarit Centre, for the first time. With its dark colours, non-ceramic flooring, wooden shelving and wide

    Categories: SagaRetail News - Retail & Shopping Malls - Kenya

  • Carrefour adds clicks to its bricks

    Carrefour franchisee Majid Al Futtaim has signed an agreement with online retailer Jumia to offer online shopping in Kenya from the beginning of next year. Simultaneously, CFAO, the French retailer’s franchisee in Francophone West and Central Africa, will also sell its products on Jumia’s online platform in Cameroon, Côte d’ivoire, and Senegal. According to Frank

    Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Cameroon - Cote d'Ivoire - Kenya - Senegal

  • Sagaci Research launches its 2018 Shopping Malls in Africa Report

    Sagaci Research has just published the sixth edition of its Shopping Malls in Africa report. It shows that the number of malls on the continent more than doubled between 2010 and 2018, with urbanisation, population growth, increased interest from international retailers, changing consumer lifestyles and rising household incomes among the main factors driving this growth. There

    Categories: SagaRetail News - Retail & Shopping Malls

  • Nakumatt and Uchumi continue their downward spirals

    A number of suppliers have joined Githunguri Dairy in filing for Kenyan supermarket chain Uchumi to be wound up, while rival Nakumatt is faring little better. More than 20 of Uchumi’s creditors are seeking to recover debts amounting to KES900 million (USD8.8 million). The retailer was also recently evicted from its headquarters in Nairobi Industrial

    Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Kenya

  • Emirati hypermarket chain goes long on Egypt

    UAE-based hypermarket chain LuLu is planning to open four new outlets in Egypt. Lulu currently has a single store in Egypt and 153 others across the Middle East and Asia. Selling everything from FMCG to home appliances, homewares and apparel, it was founded in 2000 by Indian national M.A. Yusuff Ali, who is its chairman

    Categories: SagaRetail News - Egypt - Retail & Shopping Malls

  • Zambian agribusiness beefs up its retail presence

    Zambeef Products is rapidly expanding its supermarket footprint in its native Zambia under the Macro banner, bringing modern retail to provincial towns like Wusakile in Copperbelt Province and opening a smaller store in Lusaka. During September 2018, Zambeef opened its first City Market Macro outlet in the capital. According to the company, this concept “is

    Categories: SagaRetail News - Retail & Shopping Malls - Zambia

  • Zara’s one-size-fits-all approach to African e-commerce

    On November 7th, Spanish fast-fashion retailer Zara announced that it was to commence online sales in 106 new markets, including many African ones, the next day. The African countries covered by this initiative include Angola, Côte d’Ivoire, Ghana and Senegal. All of these countries will be covered by a single global website that is available

    Categories: SagaRetail News - Retail & Shopping Malls - Ghana - Angola - Cote d'Ivoire - Senegal

  • Choppies gets chopped from Botswanan borse

    Botswanan supermarket chain Choppies has missed another deadline to publish its annual results (for the 12 months to June 2018), prompting the Botswanan Stock Exchange (BSE) to suspend trading in its shares. In a statement, the BSE stated that trading in Choppies’ shares “will remain suspended until the company complies with BSE listings requirements or

    Categories: SagaRetail News - Retail & Shopping Malls

  • Gimme shelter

    Traditional retailers in Nakuru County, which is located to the northwest of the Kenyan capital, Nairobi, are seeking protection from the growing threat posed by modern formats to their livelihood by means of a ban on the sale of fresh produce in local supermarkets. Hezron Muiri, one of the traders behind this campaign, claimed “The

    Categories: SagaRetail News - Retail & Shopping Malls - Agriculture

  • Empty shelves prompt Zimbabwean government to temporarily lift import ban

    On October 23rd, The Zimbabwean government removed a ban on the importation of basic commodities. The products affected include bottled water‚ cereals and cooking oil. This decision comes in the wake of shortages that had led to panic buying and seen businesses ranging from fast food chain KFC to clothing retailer Edgars temporarily shut their

    Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Zimbabwe