Pick n Pay reveals market share among middle class and more affluent shoppers – promising big changes

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

South Africa’s biggest retailers have all expressed ambitions to take each other on in some way in their traditional market segment – the most notable being Shoprite’s move into affluent areas and customers.

Checkers has continued to grow its store footprint in wealthier areas while also undergoing a massive refurbishing of its established stores to create a more upmarket feel.

“Consumers are really struggling, inflation is on the rise, and interest rates have also increased, adding to their burden.” “To survive, we must embrace reinvention. This new era requires responsible growth. As Pick n Pay, we need to properly analyse our supply chains, products, and systems, to reduce waste. This will drive down costs, and help us scale sustainably.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines