All Africa articles – Page 2
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NewsNew Look international boss joins Retail Week Live line-up
New Look managing director for international Bernhard Ruf has joined the roster for Retail Week Live.
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NewsBreakfast briefing: Retail news on Arcadia, TM Lewin, Inditex, Toys R Us
Retail news round-up September 5, 2013 Arcadia ecommerce chief Alex Tait departs, TM Lewin opens shop in Nigeria, Inditex-owned Stradivarius enters the UK with an online launch, Toys R Us drops gender labelling for its products
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Carrefour's franchisee Label'Vie to invest in Morocco
French retailer Carrefour’s franchisee Label’Vie plans to invest MAD800m (£62.1m) in Morocco.The investment programme will focus predominantly on smaller cities. Two Carrefour hypermarkets are to open in Fez and Oujda, close to the border with Algeria.Following the rebranding of its cash and carry Carrefour Maxi banner to Atacadão, five new ...
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NewsNRF: Kofi Annan calls for retailers to engage small scale farmers
Retailers need to incorporate more small scale farmers into their supply chains, former UN secretary general Kofi Annan said at the NRF conference in New York today.
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Monoprix signs franchise agreement with Mabrouk
Casino’s subsidiary Monoprix has signed a franchise agreement with Mabrouk in Morocco to open about 15 Monoprix and Monop stores in the country’s main cities between late 2013 and 2015.Casino and Mabrouk already have a similar agreement in Tunisia, where stores are operated by SNMVT.
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Casino’s franchisee SNMVT expands to Libya
Casino’s franchisee SNMVT – which runs supermarkets in Tunisia under the Monoprix banner – is expanding its retail activities to Libya. The company will reportedly open Monoprix stores in the country in partnership with Libyan businessman Husni Bey. The franchisee aims to operate 10 stores in major cities such as ...
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AnalysisHow to attract international shoppers
As a big summer of tourism approaches, Alison Clements finds out why the UK has such appeal to international shoppers, what they like to buy and how retailers can attract them.
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Walmart to focus on expanding existing operations
Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...
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NewsAsda poaches John Lewis Partnership director for CFO role
Asda has appointed John Lewis Partnership director of shared services Richard Mayfield as its new chief financial officer.
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AnalysisWhich are the most exciting emerging markets?
So where will you head off to in 2012? To help plan your international forays this year, Rebecca Thomson considers some of the most exciting emerging international retail markets in the most unlikely of places.
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Nakumatt outlines expansion plans
Kenyan market leader Nakumatt has announced plans to expand into wider Sub-Saharan countries within the next five years. Managing director Atul Shah said: “We have now embarked on a feasibility study to facilitate our entry to such countries as Burundi, Zambia, South Sudan, Democratic Republic of Congo, Nigeria, Botswana and ...
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Gap to open stores in Africa
US clothing retailer Gap said it will open its first stores in Africa this year, with its first Gap store opening in Egypt next month and its first Banana Republic and Gap stores in Morocco in October. The company began shipping products to Egypt, Morocco and South Africa last year, ...
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NewsBigger role for Sunnucks as Gap picks London as its non-US base
US fashion giant Gap is to take advantage of the UK’s “great retail talent” by making London its new international hub as it improves efficiencies across the business.
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South African Massmart to exit Zimbabwe
South African Massmart - a 51% stake of which is expected to be acquired by Walmart in early 2011 - has announced that it is to exit Zimbabwe, selling its two stores in the country to local grocer OK Zimbabwe.In October this year, Massmart announced that it was likely to ...
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Fnac to expand into Northern Africa and South America to move sales away from France
PPR-owned electronics retailer Fnac aims to generate half of its sales outside of France by 2015 as it expands in Northern Africa and South America. Chief executive Christophe Cuvillier said: “We’re looking to expand in other countries. The priority internationally is to grow where we already are.”Fnac will open its ...
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South Africa’s Woolworths brings franchises in-house
Department and food store operator Woolworths has announced its intention to bring all franchise operations in-house in its home market. Woolworths chief executive Simon Susman said: “We have come to the conclusion that it is no longer in the best interests of Woolworths for us to operate a local franchise ...
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Massmart like-for-likes up 2.6%
Retailer Massmart has published its full-year results to June 27. Group net sales amounted to R47.5bn (£4.2bn), representing growth of 10% year-on-year. Like-for-like sales increased by 2.6%.
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Shoprite full-year profits up 18.7%
Shoprite has revealed its full-year results to June, saying that group-wide sales increased 13.6% to R67.4bn (£5.9bn). Trading profit was also up 18.7% to R3.5bn (£308.2m).
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Massmart to acquire Pupkewitz Megabuild
South Africa-based Massmart has announced the acquisition of Namibian DIY retailer Pupkewitz Megabuild for an undisclosed price. The deal, which is part of Massmart’s ambition to expand further into Africa, has been approved by Namibia’s competition authorities. Pupkewitz Megabuild operates 16 stores, employing 600 staff.
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