supermarket
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Blog: African retail has a governance problem
Corporate governance remains the Achilles heel of many African retail chains, threatening their long-term growth prospects While corporate governance failings are obviously not confined to Africa, recent years have seen a plethora of scandals and mis-steps that have destabilised some of the retail industry’s most prominent names and threatened to undermine the brand equity
23rd September 2019
Categories: Blog - Retail - Supermarkets - Africa - Nakumatt - Shoprite - Naivas - Tuskys - Sagaci Insights - Kenya - South Africa
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Choppies on the chopping block
Troubled Botswanan retailer Choppies has indicated that it intends to dispose of its supermarkets in Kenya, Tanzania, and South Africa. Choppies currently operates more than 200 outlets in eight countries in Southern and Eastern Africa, with Botswana and South Africa accounting for the bulk of these – 85 and 88 outlets, respectively, according to the
10th September 2019
Categories: SagaRetail News - Consumer - Botswana - Kenya - Tanzania - South Africa
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Tuskys talks up its growth prospects, but can it deliver?
Kenyan supermarket chain Tuskys plans to grow its store network by franchising its banner to independent retailers and opening more outlets in Shell service stations. Already the largest grocery retailer in East Africa (at least in terms of store numbers) since the precipitous decline of Nakumatt, Tuskys currently operates more than 70 outlets in Kenya
14th August 2019
Categories: SagaRetail News - Retail & Shopping Malls - Kenya - Uganda
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FX-woes continue to weigh on Shoprite’s turnover in sub-Saharan Africa
South Africa-based Shoprite, the largest supermarket chain in sub-Saharan Africa (SSA) with more than 400 outlets in 14 countries (excluding its domestic market), saw sales in these markets decline by 7.7% during the 12 months to June 2019. However, in constant-currency terms, they rose by 0.9%. Against a background of hyperinflation and currency depreciation, Angola
6th August 2019
Categories: SagaRetail News - Consumer
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Prosuma’s new foodservice concept reflects growing popularity of deli counters in African supermarkets
During early July, Ivorian grocery chain Prosuma launched Snack & Go in the Casino 2 Plateau mall in Abidjan. A stand-alone venue selling such fare as sandwiches, pizza slices, soft drinks, and fresh juices, Snack & Go is a hybrid deli/fast-food concept and natural extension of the deli counters and in-store cafés that Prosuma already
15th July 2019
Categories: Foodservice - Retail & Shopping Malls - Cote d'Ivoire - Kenya
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Carrefour set to step into Nakumatt’s shoes in Uganda
Majid Al Futtaim (MAF) has revealed that it will open Uganda’s first two Carrefour stores in spaces formerly occupied by Kenyan retail chain Nakumatt, which departed the local market in 2017. The Dubai-based retailer already operates stores under the Carrefour banner in Egypt and Kenya. Its entry into the Ugandan market follows a pattern established
5th July 2019
Categories: SagaRetail News - Retail & Shopping Malls
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Choppies boardroom coup fuels nervousness among suppliers
Mired in an accounting scandal, supermarket chain Choppies suspended CEO Ramachandran Ottapathu last week, but this move does not seem to have gone done well with some of its suppliers, amid media reports of empty shelves in some of its outlets. Botswana-based Choppies operates around 250 stores across eight sub-Saharan countries, and Ottapathu, who has
28th May 2019
Categories: SagaRetail News - Retail & Shopping Malls - Botswana - Kenya
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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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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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Carrefour goes gourmet in Morocco
Having successfully launched the concept in Casablanca, Carrefour franchisee Label’Vie brought the Carrefour Gourmet sub-banner to Rabat during September. Boasting such delicacies as lemon caviar, dwarf carrots, ground cherries and edible flowers, this store concept is squarely targeted at the upper end of the market.
5th October 2018
Categories: Foodservice - SagaRetail News - Morocco
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