retail
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Another international player enters the Kenyan grocery retail market
The takeover of supermarket chain Tumaini Self Service Ltd. by Sokoni Retail Kenya was approved by the Competition Authority of Kenya in December, adding to the list of international players (including Carrefour, Choppies and Shoprite) jostling for a piece of the local market. Sokoni Retail Kenya is an investment vehicle of private equity firm Adenia
15th January 2019
Categories: Retail & Shopping Malls - Kenya
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Nairobi’s mall boom sets the stage for a fierce supermarket struggle
The Waterfront mall opened in Nairobi on Jamhuri Day (Kenyan independence day – December 12th). With close to 18,600m² of GLA, the 20 hectare site boasts more than 1,000 parking spaces, a 14,000m² artificial lake and a 1.2km running and walking track. With these leisure facilities and regular cultural events, management are clearly hoping to
10th January 2019
Categories: Retail & Shopping Malls - Kenya
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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,
21st December 2018
Categories: SagaRetail News - Retail & Shopping Malls - Kenya
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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
18th December 2018
Categories: SagaRetail News - Retail & Shopping Malls - Cote d'Ivoire
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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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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
11th December 2018
Categories: SagaRetail News - Consumer - Retail & Shopping Malls - Cameroon - Cote d'Ivoire - Kenya - Senegal
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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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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
21st November 2018
Categories: SagaRetail News - Egypt - Retail & Shopping Malls
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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
16th November 2018
Categories: SagaRetail News - Retail & Shopping Malls - Zambia
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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