Food Lover's Market has entered the pet food market in early May through its partnership with VetsMart and is planning three to five new stores a year. .
With the South African love affair with coffee and pets showing no signs of cooling off, Food Lover's Market says the two segments offer it significant runway for growth in the next five years. Speaking to News24 after the official launch of a new store in Pretoria on Thursday, CEO Brian Coppin said the group, which already has 255 Seattle Coffee Co outlets, is still targeting 500.
It is also looking to up its ante in the lucrative and highly competitive pet food and accessories space, which is estimated to be valued at about R9.6 billion annually.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
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