Companies / South Africa
Who Stands To Lose The Most In Food Retail As Wal-Mart Comes To Town?
June 2011 | Industry Trend AnalysisWal-Mart's entry into South Africa is going to have major implications for the food retail industry. With annual sales of about US$421bn, Wal-Mart is an absolute colossus. It is nearly 1.5 times the size of the South African economy let alone nearly 50 times the size of South Africa and Africa's largest retailer Shoprite.
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