retail news in context, analysis with attitude

South Africa-based Pick n Pay said yesterday that it plans to continue its expansion outside its home market, where it operates or franchises more than 700 stores.
According to Reuters, the company said that it will open four more stores in Zambia over the next 12 months, and also plans to open units in Mauritius, Malawi and Mozambique during the coming year.

Pick n Pay currently operates just 26 stores in countries outside South Africa.
KC's View:
Remember, Walmart just announced that it is working to acquire Massmart, which has close to 300 stores in 13 African countries. Which means that the pressure is on...