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Pick n Pay released its interim results for FY24, concerning the period from late February to late August 2023. To everyone’s surprise, the result was worse than expectations, with a 97.1% drop in trading profit, attaining only ZAR31.8m, indicating a significant drop from FY23 ZAR1.25 bn profit.

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Expansion plans are underway for Amazon as the retailer announces it will launch in South Africa in 2024 and expand drone deliveries to new markets, as well as cross-category to deliver medications. Additionally, the first marketing campaign for its byAmazon private label brand has launched and Amazon Fresh in Seattle has become the first ever grocery store to win a Zero Carbon Certification. ...
Sustainability has been more valued among shoppers and retailers. In particular, the food waste issue is a key area that retailers have been actively mitigating. In this article, we will dwell on the recent green initiatives adopted by SPAR International and Pick n Pay to address food waste sustainably.   Tackling food waste issues with IT solutions SPAR Austria deals with the issue compr...
Woolworths Holdings reported a strong set of results for FY23, which ended on 25 June 2023. Turnover for the group rose 6.9% YoY to ZAR93.0 bn (US$5.0 bn). Particularly in the food sector, revenue rose 8.5% annually, with growth accelerating in H2 motivated by more shoppers and improved on-shelf availability. Increased sales and surge in gross profit YoY Woolworths Food revenue reached ZAR4...

Presentations

07/11/2023
In this presentation we look at the regional and country forecasts for grocery retailing to 2028.
31/07/2023
In this report we review Walmart's grocery retail outlook and strategic priorities for the next five years. We use this to provide considerations and implications for suppliers.
15/06/2023
These exceptional SPAR stores, three in Cape Town and two in Johannesburg, highlight how the business excels with experiential retail.

Key Presentation

South Africa Country 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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