News
-
Nairobi malls feel the squeeze
There are growing signs of downward pressure on mall rents in the Kenyan capital, with a number of sitting tenants securing rent reductions and prospective tenants being offered rent holidays by landlords “Rental income has come slightly under pressure due to a temporary increase in vacancies, coupled with some tenants bargaining for reduced rentals upon
29th October 2018
Categories: SagaRetail News - Retail & Shopping Malls - Kenya
-
Adeo parks a tank on Massmart’s lawn
French Home Improvement giant Adeo opened its first Leroy Merlin store in Africa during late September. The 17,000m² Leroy Merlin store is located on the outskirts of Johannesburg, just a few hundred metres from a Massmart Builder’s Express. Two more Leroy Merlin outlets are currently under construction in South Africa, with a fourth planned for
29th October 2018
Categories: SagaRetail News - Retail & Shopping Malls - South Africa
-
Mango loves Kenya
During mid-October, Spanish fast-fashion retailer Mango took to LinkedIn to proclaim “Mango loves Kenya,” revealing that the brand is coming to Nairobi’s Westgate Mall. The store will have a GLA (gross leasable area) of 620m², which will make it the largest Mango outlet in sub-Saharan Africa. The store will adhere to Mango’s new interior design
26th October 2018
Categories: SagaRetail News - Retail & Shopping Malls - Kenya
-
Sagaci Insights: Putting a number on modern grocery retail sales
Modern formats, such as supermarkets and hypermarkets, will account for 7.5% of grocery retail sales across the whole of Africa in 2018, according to a new study published by Sagaci Research. Defining a “modern” store as one with a sales area of more than 1,000m² or as part of a chain with at least three
26th October 2018
Categories: SagaRetail News - Consumer - Retail & Shopping Malls
-
Project Watch: Shining a light on solar power demand
Localised solar power is often touted as a solution to Africa’s unmet energy needs, enabling communities to leapfrog large-scale electricity transmission networks that are expensive to build and maintain (in addition to often being unreliable in many areas) in a manner analogous to how mobile phone networks have superseded fixed-line telephony across much of the
26th October 2018
Categories: Consumer
-
SagaRetail: Tracking the evolution of modern retail in Africa
Do you want to track the evolution of modern retail in Africa and gain a better understanding of the market positions and strategies of modern retailers (local, regional and international)?
26th October 2018
Categories: SagaRetail News - Consumer - Sectors - Retail & Shopping Malls
-
Project Watch: Getting to the root of the matter
Boosting agricultural productivity is seen by many as key to driving economic development across much of Africa, and Sagaci Research is currently researching this topic across a swathe of the continent for an agribusiness concern. This project builds on a similar study that we conducted for the same client in 2017.
26th October 2018
Categories: SagaRetail News - Agriculture
-
Sonae suffers another African setback
S2 Africa, a partnership between Portuguese supermarket chain Sonae and London-based investment fund Satya Capital, has shuttered the three supermarkets it had been operating in the Mozambican capital of Maputo.
25th October 2018
Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Mozambique
-
Go small or go home
Pick N Pay CEO Richard Brasher sees smaller stores as key to the South African supermarket chain’s international growth strategy. “There’s a big opportunity in the rest of Africa for things that are smaller, with tighter ranges and more efficient … and if we look further afield, whether its East or West Africa [the retailer
25th October 2018
Categories: SagaRetail News - Lesotho - Swaziland - Consumer - Retail & Shopping Malls - Ghana - Botswana - Nigeria - Zambia - Zimbabwe - Namibia
-
Welcome to “Market 3.0”
Prince Ebeano, a Nigerian supermarket chain with seven branches, is trying to hybridise the modern and traditional retail experiences for consumers in the middle class Lagosian suburb of Lekki.
5th October 2018
Categories: Foodservice - SagaRetail News - Consumer - Nigeria