South African retail giant Pick n Pay has strengthened further its presence in Africa with the opening of its third Mauritian store in Mont Choisy, in the Grand Baie region, BDay Live reported. The new store spans over an area of about 3,000 sq m. South Africa's second biggest grocer has been targeting expansion on the African continent, which is widely believed to record a huge growth in consumer spending over the coming years. The Economist Intelligence Unit predicted that by 2030 Africas top 18 cities could have a combined spending power of USD 1.3trln. Pick n Pay now has 100 stores outside South Africa in, among others, Zambia, Mozambique, Zimbabwe, Botswana, Mauritius and Namibia. Its rival Shoprite, Africas biggest food retailer, runs 156 stores in 16 African countries outside South Africa. |
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