SOUTH AFRICA: Pick ‘n’ Pay “confident” despite Wal-Mart challenge
South African retailer Pick 'n' Pay has insisted that it is well positioned to expand its sales in the market despite the entry of Wal-Mart Stores into the market.
Wal-Mart set to enter South Africa
Talking shop: Wal-Mart’s African debut
South African competition regulators yesterday (31 May) approved Wal-Mart's acquisition of a majority stake in local retailer Massmart. Katy Humphries takes a look at Wal-Mart's African ambitions and discusses the impact that the deal is likely to have on the South African retail scene.
UPDATE: S AFRICA: Wal-Mart touts benefits of Massmart deal
Wal-Mart Stores today (31 May) championed the economic benefits of its acquisition of a majority stake in South African retailer Massmart after securing regulatory backing for the deal.
S AFRICA: Wal-Mart wins approval for Massmart acquisition
Wal-Mart Stores has secured anti-trust approval for its bid to buy a 51% stake in South African retailer Massmart.
