Energy minister Gwede Mantashe might think South Africa’s load shedding crisis can be solved within 12 months. Pick n Pay is betting big money that he’s wrong.
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Consumers will face much higher prices unless the government urgently finds solutions to the power cuts that are crippling the economy, an industry group has warned.
Pick n Pay and Takealot Group have tightened their business partnership by exploring the roll-out of Takealot pick-up points in the grocery retailer’s stores.
Profitability decreased due to higher fuel surcharges, investments in new warehouses and discounted clearance of inventory, parent Naspers said.
Spar Group on-demand shopping platform, Spar2U, is nearing “critical mass” after expanding to 87 stores, it said.
Checkers has opened its first “dark store” to serve on-demand delivery as online grocery shopping continues to enjoy “notably strong growth”.
Pick n Pay has launched an online homeware store, setting itself for a clash for with the likes of Yuppie Chef and Mr Price Home.
Pick n Pay will soon allow its consumers to pay for groceries with crypto at 39 stores, and at all stores nationwide within months.
The strategy is to build Massmart into a force able to see off its brick and mortar rivals and then win a looming battle against Amazon.
Woolworths plans to ramp up its online, on-demand delivery service, its CEO said on Wednesday, as it steps up a turf war with Pick n Pay and Shoprite.