Africa & Middle East news & analysis

01 February 2022
Watsons, part of A.S. Watson group, is further expanding its presence in the Middle East and has launched its first store in Qatar at Doha Festival City. The store looks to attract beauty enthusiasts of all ages with its wide range of beauty products and its exciting store layout featuring dedicated zones. Following the launch in UAE The launch into Qatar is part of Watsons’ franchise agr...
20 January 2022
We highlight five trends that will shape the convenience channel this year and beyond. RA subscribers can access the full report here . 1) Return of regional divergence COVID-19 removed a lot of the nuances between convenience stores in different markets and regions globally. Many retailers incorporated a wider selection of pantry and essential items. While some categories w...
13 October 2021
7–Eleven has signed a master franchise agreement with Electra Consumer Products Ltd. to develop and operate 7-Eleven stores in Israel.  7-Eleven confirms Israel market entry Speculation first emerged in November 2020, but the retailer has now signed an official agreement. 7-Eleven will support Electra to implement and localise the offer. The shopping experience, food-to-go and variety o...
03 September 2021
Amazon has launched Amazon.eg in Egypt, a rebranding of Souq.com. Amazon rebrands Souq Amazon.eg has been rebranded from Souq.com, an ecommerce platform which Amazon acquired in 2017 in the Middle East. Shoppers’ account information for Souq.com was automatically transferred to the new site. In June 2020, Amazon also converted the Souq website in Saudi Arabia to Amazon.sa. In January 202...
02 September 2021
In separate developments, Walmart-owned Massmart and Shoprite have announced plans to exit several markets across Africa. The exits underline South African retailer’s growing focus on profitability and desire to sell off non-core assets to enable them to invest in faster growing areas of their operations. Massmart to exit five markets… Following its sale of non-core retail assets to Shopr...
26 August 2021
Walmart majority-owned Massmart is divesting non-core retail assets to Shoprite Checkers, the leading grocery retailer in South Africa. The retailer has also confirmed that it is in talks to acquire a controlling stake in OneCart, the country’s leading grocery delivery service. Divesting Cambridge Food, Rhino Cash and Carry and Masscash Cash and Carry Massmart is divesting its Cambridge Foo...
18 May 2021
SPAR International has published sales for 2020 showing it had grown by 7.4% at constant currencies to €39.8 bn. Its performance was driven by its operations in Western Europe, where sales grew by 12% in the 2020 calendar year. SPAR presence continued to grow in 2020… Despite the challenging operating environment, SPAR continued to expand in existing markets and into new ones as well. At th...
01 March 2021
South Africa-based Woolworths has reported a positive trading update for the 26-week period ending 27 December 2020, with its performance driven by its food operations. The retailer said group sales fell by 0.5% at constant currency terms but rose by 5.3% excluding exchange rate effects. Woolworths said the results showed the ‘ improved trading momentum across all businesses over the final six...
25 February 2021
Walmart-owned, South Africa-based Massmart released a trading update for the 52-week period ending 27 December 2020, noting full year sales fell 7.7% to ZAR86.5 bn (US$5.9 bn). The retailer reported comparable sales contracted by 7.5% in the year, although it had seen an improvement in performance in Q4. Q4 sales contracted 4.1% The retailer said sales in its fourth quarter were down 4.1% o...
18 February 2021
South Africa-based SPAR Group reported sales growth of 9.8%, to ZAR42.99 bn (US$3.0 bn), during the 18-week period to the end of January 2021. The Group enjoyed growth across all its country operations, with a strong advance in performance seen in Poland. Growth in South Africa impacted by lost liquor sales In its home market SPAR reported group sales growth of 3.4%, with its performance af...