Bingo moment for Carrefour as it inks lease transfer agreement with Shoprite for Ugandan stores

UGANDA – A golden opportunity for Majid Al Futtaim, the regional franchise holder of Carrefour, to rapidly expand in the retail sector of Uganda’s economy has unveiled itself. The Dubai based conglomerate has entered into an agreement with Shoprite Checkers Uganda Limited, to take over the six stores of the South African retailer in the East African nation. Following the implementation of the agreement, Majid Al Futtaim will expand its footprint to eight Carrefour stores. “We welcome the opportunity to bring our unique Carrefour offering of unbeatable value, range, international…

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Uganda’s retail sector impacted by exit of foreign investors from the economy

UGANDA – The government of Uganda has launched an investigation into the mass exodus of big foreign companies from the country, the latest being the planned divestment of Massmart’s Game store in the country. The probe also aims to finding out whether there is something government can do to avert any other similar exits and whether there are any other regional markets that are taking advantage of the situation. “We are studying this. I assigned my team to find answers to why each of these companies has exited, the likely…

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Distributed Power Africa joins Shoprite’s green building initiative

SOUTH AFRICA – Econet subsidiary Distributed Power Africa (DPA) has joined Shoprite Group’s renewable energy program, installing solar panels at stores in three provinces. Africa’s largest retailer Shoprite announced plans earlier this year 2021 to go off-grid in the near future and DPA is among the renewable energy companies that have been contracted for the installations of solar power. Shoprite Group already generates a significant amount of power from solar – 12,300MWh – following the installation of rooftop photovoltaic (PV) panels at multiple sites around South Africa and Namibia. The…

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Shoprite signals exit from Uganda, Madagascar to focus on profitable home market

SOUTH AFRICA – Africa’s largest retailer, Shoprite is continuing to review its operations outside its home market South Africa, with the retailer classifying its operations in Madagascar and Uganda as discontinued. This follows the transfer of ownership of its Nigerian operations to Ketron Investment Limited, a company owned by a group of institutional investors led by property firm owner, Persianas Investment Limited in June this year. The company which has been trading in the rest of Africa since 1990, also shut doors of its last store in Kenya, earlier in…

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Massmart disposes non-core food units to Shoprite’s Checkers for US$89m

SOUTH AFRICA – Shoprite’s grocery unit Checkers has come to the rescue of South African retailer Massmart, by entering into a deal to acquire the rival’s non-core food assets for R1.36 billion (US$89m). The sale businesses consist of wholesale and retail chains that are all focused on high-volume and low-cost distribution and are each reliant on high volumes and operational excellence as the foundation of price leadership, in the distribution of mainly branded consumer goods for cash. Walmart-owned Massmart is currently in the middle of a turnaround that has now…

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Shoprite to open Africa’s first tech enabled self-service store fostering precision retailing

SOUTH AFRICA – Shoprite, Africa’s largest retailer and a trendsetter in the sector is testing the first of its kind cashier-less store in the region dubbed Checkers Rush. The automated, cashless “no queues, no checkout, no waiting” concept store is under trial by its employees within the company offices in Cape Town, above the new Checkers Hyper Brackenfell flagship store. Using advanced AI camera technology to identify the products being taken off the shelves, Checkers Rush bills users’ bank cards upon exit.  In pursuit to bring a solution to the…

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Shoprite builds skills of its butchers with launch of internationally-endorsed Master Meat Artisan Programme

SOUTH AFRICA – The Shoprite group, Africa’s leading retailer is seeking to develop a scarce and sought-after skill in the meat market with launch of the Master Meat Artisan Programme, endorsed by United Kingdom’s Institute of Meat. The programme is targeting its qualifying butchery managers, and will train the initial intake of 52 people to join the exclusive global club of Master Butchers. According to the supermarket chain owner, globally there are only 55 Master Butchers in the world. Of the only 55 Institute of Meat accredited Master Butchers globally,…

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Shoprite stretches a helping hand to affected communities in South Africa, undertakes donation drive

SOUTH AFRICA – Shoprite group, South Africa’s largest consumer goods retailer has rallied up support to help communities affected by unrest recover from the violent uprisings. The supermarket chain owner has made an initial donation of R1 million (US$68,800) to the cause via its Act For Change Fund. To boost the kitty, Shoprite has urged its customers to participate in the drive by making donation to the fund at any of its outlets under the Shoprite, Checkers or Usave banners. According to the retailer, the funds will be used by…

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South African retailers soar above riot disruptions, commence rebuilding, restocking

SOUTH AFRICA – South African retailers are working round the clock to replenish shelves with groceries, food and other essential supplies in hundreds of stores which were looted in one of the country’s worst unrest in years. Supermarket owners have indicated that they are racing to keep stores unaffected by the violence stocked, as some shoppers were stripping shelves with panic buying, though blocked roads and disruptions to supply chains were hampering their efforts. In the affected areas i.e., KwaZulu-Natal and Gauteng, retailers are gearing up to rebuild the affected…

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Naivas stretches its reach further in Kenya, Shoprite pleads to vaccinate its front-line workers

KENYA – Naivas Supermarket, Kenya’s largest locally owned retail store has announced plans of opening new branches in Githurai 44 and Kisumu, as it seeks to strengthen its hold as a top retailer in the country. The Githurai outlet, set to be opened before end of July will be situated on Kamiti Road, targeting hundreds of shoppers around the region. Meanwhile, the Kisumu branch will be opened at Simba Club Hall, next to United Mall targeting hundreds of shoppers around the region. The new outlets will be Naivas’ 74th  and…

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