Market intelligence, trend analysis and forecasts for the Food and Drink industries across the regions

Industry / South Africa

Pick 'n Pay Plans Franchise Stores For Underdeveloped Regions

June 2008 | Company News Alert
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Pick 'n Pay Stores, South Africa's number two retailer, has announced its ambitious expansion plans to extend its presence in emerging markets and undeveloped regions. Pick 'n Pay has said that the main way it will do this is through converting underperforming Scores stores to Pick 'n Pay Family franchises. The retailer has said that it is looking to fill gaps in its footprint and fulfil the unmet demand in emerging regions, where it does not yet have a presence, as it moves forward with its goal of taking organised retail to underserved areas, and aims to open as many