Africa & Middle East news & analysis

14 October 2013
Casino has reported sales of €11.8bn for the third quarter of 2013, up 0.1% year-on-year, with sales in France up 8.1% and down 5.2% internationally, where they were hit by unfavourable exchange rates. Recovery at Géant in France Price cuts had a greater impact in the third quarter than in the second however sales at both Casino supermarkets and Géant "rose significantly". The full conso...
08 October 2013
Carrefour CEO Georges Plassat, speaking at the World Retail Congress in Paris this week, is positive that the retailer is on the right track, saying: "I am convinced that with the measures we are taking today, Carrefour is back." Hypermarkets are not dead Mr Plassat said around 68% of Carrefour's business was still carried out in-store, where retailers must provide quality products and w...
08 October 2013
South Africa-based Pick n Pay has launched an app that offers the same solution as that provided through its in-store Smart Shopper kiosks. App builds on existing expertise Discussing the launch, the head of the retailer’s digital team, Georgina Muirhead, said that the app would enable shoppers to ‘ switch points and receive a code to give to the teller to redeem points you have converted to ...
07 October 2013
Botswana-based Choppies has announced plans to enter Zimbabwe. Third market for the Choppies brand Choppies told the Botswana Stock Exchange that it had entered into an agreement with a third party that will see it acquire a 49% stake in a supermarket chain that operates 10 stores in Zimbabwe. When completed it will be Choppies' second market entry, following its expansion into South Africa i...
04 October 2013
Botswana-based Choppies has revealed annual results for the period ending June 2013, saying total revenue had risen 22% to BWP4.0 billion (US$461.1 million). Revenue growth aided by store openings In the retailer’s financial statement, it said: “ New store openings coupled with improved product mix and a higher percentage of Choppies-branded goods being sold, paved way for a strong growth in ...
30 September 2013
In separate developments, Majid Al Futtaim, Carrefour’s UAE-based franchisee, has said that it has opened new stores and that it would not pursue expansion in Egypt and Syria in the short term. Majid ‘wary’ of investing more in Egypt and Syria Majid Al Futtaim’s senior vice president for international retail development, Younus al Mulla, was quoted as saying that the company would not pursue ...
24 September 2013
Kenya-based Uchumi has signed an agreement with Tanzania’s National Social Security Fund, which will help it expand its presence in the market. Agreement will help Uchumi expand quicker Uchumi entered Tanzania in 2011, with the opening of a store in the Quality Centre mall in Dar es Salaam, but has yet to add another as of September 2013. The deal will give Uchumi preference in the occupancy ...
24 September 2013
France-based Auchan, in separate developments, is said to be looking at new opportunities to invest in Tunisia and through the introduction of a car share service for its Drive in Nantes, western France. Expanding shoppers’ Drive options The car share service, which enables shoppers to link their orders to another customer’s order when buying online, provides a new way for the retailer to exp...
18 September 2013
According to reports in l’Economiste, Carrefour’s franchisee in Morrocco, Label’Vie, has set out plans to continue investment in its operations in the country. Focus to remain on Atacadão banner… The retailer said that it would continue to invest in its operations, with the Atacadão banner a central part of its growth outlook. The statement came soon after Label’Vie opened its ninth Atacadão ...
16 September 2013
Portugal-based Sonae has announced plans to open stores in Angola in 2015, in partnership with Isabel dos Santos, the daughter of the country's president. Focus to be on hypermarkets Sonae has said that it will open five hypermarkets, with the first set to open in 2015. The retailer said that it continued ‘ to believe that there are still opportunities in the market ’. Sonae first signed a pa...