News

  • Sagaci Insights: Shopping Malls in Africa

    The total number of shopping malls in Africa (excluding South Africa) almost doubled between 2011 and 2018 and is now approaching 600, with urbanisation, population growth, increased interest from international retailers, changing consumer lifestyles and rising household incomes among the factors driving growth. The sixth edition of Sagaci Research’s Shopping Malls in Africa report provides

    Categories: Retail & Shopping Malls

  • Decathlon sets up shop in Africa’s athletics superpower

    The French sportswear and sports equipment retailer has opened its first store in Kenya. The 1,500m² outlet, which the chain describes as a “flagship” store, is located at The Hub Karen mall in Nairobi. Decathlon has indicated that it is planning to open additional stores in the country. Famed for their prowess as distance runners,

    Categories: SagaRetail News - Retail & Shopping Malls - Kenya

  • Mall culture percolates down the Ivorian income scale

    During late October, Cosmos shopping mall opened its doors in the Abidjan suburb of Yopougon – the fourth mall to open in Côte d’Ivoire in the past three years. Developed by HC Capital Properties, it has a GLA of 14,000m². Cheick Sanankoua, co-founder and managing partner of HC Capital Properties, noted that successful mall openings

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

  • 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