Tag: Retail

Carrefour Kenya
BusinessHot News

Carrefour Kenya reports $377 million revenue amid rising local competition

Carrefour Kenya generated $377.4 million in revenue in 2025 as store expansion strengthens its position in Kenya’s competitive retail market.

Omokolade Ajayi Omokolade Ajayi
South African retail giant The Foschini Group
BusinessHot News

South Africa’s Foschini Group eyes job cuts, store closures in major overhaul

The Foschini Group has opened retrenchment talks and mapped out 100 store closures as a retail slump wipes over $600 million off its value.

Omokolade Ajayi Omokolade Ajayi
Super Star supermarket brand under SPAR Group, showcasing retail presence and store operations.
Hot NewsBusiness

SPAR highlights retail’s role in tackling South Africa’s youth unemployment

SPAR Group shows how South African retail drives youth employment, skills development, and small business growth.

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Shoprite enters community banking, while Nigerian franchise shuts down

Shoprite acquires R&A Cellular, expanding neighborhood financial services, while its Nigerian operation under Tayo Amusan’s Ketron shuts down.

Omokolade Ajayi Omokolade Ajayi
BusinessHot News

Nigeria’s Shoprite shuts all stores after 20 years despite local takeover

Shoprite Nigeria shuts all Nigerian outlets after two decades, ending local retail operations under Tayo Amusan’s ownership.

Omokolade Ajayi Omokolade Ajayi