What went wrong when Shoprite tried to push north

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South Africa Headlines News

Africa’s biggest retailer is pulling back after trying to build a continentwide operation.

Today Shoprite has largely retreated back to SA and a few nearby places after shutting its operations in eight countries farther north.

Those setbacks, along with Shoprite’s pivot, offer a cautionary tale for the likes of Walmart Inc and France’s Carrefour SA looking to Africa for growth.

 

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I like that in Kenya and Nigeria the people support local traders more than big companies. That's true africanicity

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