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South Africa-based, Walmart-owned Massmart has published a sales update for its 2020 financial year, noting trading its fourth quarter improved as ‘many of the previously imposed Covid-19 related trading restrictions [were] lifted, which allowed trading to resume in most categories. However, the continued restrictions on the sale of liquor had a strong impact on its overall performance.

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South Africa-based Pick n Pay have announced that Richard Brasher will retire from his role as chief executive from 21 April 2021. The retailer said that Brasher will be succeeded as CEO by Pieter Boone, who was formerly the chief operating officer of Metro AG. Brasher to leave Pick n Pay in stronger position than when he arrived Brasher leaves after eight years as chief executive of Pick n...
South Africa-based Woolworths has reported a 20-week trading update, saying group sales rose contracted by 2.0% in constant currency terms as restrictions implemented because of COVID-19 affected results. It said restrictions had caused lower footfall at stores that were open, while they led to unplanned store closures too. Woolworths Food remained resilient throughout… While Woolworths fac...
SPAR South Africa has published full year results for the year ending September 2020, saying turnover rose 13.5% to ZAR124.3 bn (US$8.1 bn). The company’s operating profit increased by 15.6% to ZAR3.4 bn (US$220.6m), with its profitability ‘ positively impacted by a change in sales mix as increased home consumption drove higher-margin grocery and fresh categories ’. ‘ A year in crisis ’ SPA...

Presentations

23/07/2020
Exploring how retailers and manufacturers globally are continuing to commit to and invest in sustainability initiatives. Furthermore, we investigate whether there has been an acceleration or pulled back from their sustainability initiatives during and as a result of the pandemic.
18/06/2020
We look at Walmart's strategic priorities as it aims to become the world's leading omnichannel retailer and build out an ecosystem that is broader than its physical and digital stores.
16/03/2020
This guide to South Africa explores the key trends in grocery retail, the outlook for the market over the five year forecast period and the growth strategies of country’s leading retailers.
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Key presentation

This in-depth guide to South Africa explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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