africa
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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
13th December 2018
Categories: SagaRetail News - Retail & Shopping Malls - Kenya
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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
22nd November 2018
Categories: SagaRetail News - Retail & Shopping Malls
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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
16th November 2018
Categories: SagaRetail News - Retail & Shopping Malls - Ghana - Angola - Cote d'Ivoire - Senegal
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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
9th November 2018
Categories: SagaRetail News - Retail & Shopping Malls
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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
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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
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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
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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
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Shopping Malls in Africa
Urbanisation, population growth, increased interest from international retailers, changing consumer lifestyles and rising household incomes are among the factors driving strong growth in demand for shopping malls across Africa. Supply is steadily rising, but many markets remain underserved, particularly secondary cities. In the medium term, new mall development is set to be concentrated in a
28th September 2018
Categories: SagaRetail News
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Miniso’s mighty plans
Variety store chain Miniso, which sells inexpensive homewares and novelty items, is rapidly expanding its presence in African malls. It currently has stores in Egypt, Kenya, Madagascar, Morocco, Nigeria, South Africa and Tanzania and big expansion plans.
4th September 2018
Categories: SagaRetail News - Consumer - Egypt - Retail & Shopping Malls - Distributors - Kenya - Morocco - Nigeria - South Africa