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Stay safe, stay home: Five delivery services to use this weekend thesouthafrican.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesouthafrican.com Daily Mail and Mail on Sunday newspapers.
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Pick n Pay is targeting these types of shoppers as part of its new growth strategy Subscribe Retailer Pick n Pay says it plans to invest a further R2.5 billion to deliver on its growth strategy over the next year. This will include a ‘new space growth strategy’ which focuses on increasing store footprint in the lower-to middle-income communities of South Africa, it said on Wednesday (21 April) in its financial results for the year ended February 2021. “The group believes that this area of the South African retail market will deliver the greatest growth over the medium- to long-term, driven by an expanding working-age population, urbanisation, and the ongoing formalisation of the informal market. ....
Shoprite may have found the right formula to beat Pick n Pay and Woolworths at their own game, with strong growth at its upmarket Checkers chain leading to a rise in first-half sales. That more than made up for lost alcohol sales and a tepid performance from its operations outside of South Africa. The supermarket giant is intensifying its focus on its home market as it retreats from its “Supermarkets Non-RSA” business. It closed the last of its Kenyan stores in February and is awaiting the approval of Nigeria’s competition authorities so it can conclude the sale of its operations in that country. Apart from the impact of Covid-19 restrictions on trading and distribution across the continent, extreme foreign exchange movements have provided further headwinds. ....
In the future we will probably see a lot more retailers using their shops to target their closest target markets: Vuso Majija, executive director of Fortress Reit. ....