retail

  • 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

  • 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

    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

    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

    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

    Categories: SagaRetail News - Consumer - Retail & Shopping Malls

  • 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.

    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

    Categories: SagaRetail News - Lesotho - Swaziland - Consumer - Retail & Shopping Malls - Ghana - Botswana - Nigeria - Zambia - Zimbabwe - Namibia