Massmart Dr Pattison, I presume?
Not hot news, exactly, rather one of those interesting illustrative items. Massmart has been operating elsewhere in Africa for 20 years and has 24 stores – all of them Games – in 11 countries, and intends to continue to open them at the current pace. These are stocked from South Africa, with, for example, Zambia receiving 5 containers a week brimful of goods sourced from 2,500 suppliers. The relevance? Africa is one hot ticket right now, just ask the Chinese. And things are hotting up among South Africa’s retailers there, too – Pick n Pay has finally thrown its cap into the ring and will be trundling down the well-worn track hacked from the virgin bush by Mr Basson with his pith helmet and bearers. And apart from stamina and bugspray, what all these jolly retail fellows are going to be needing is stonking great DCs back home to serve the African trade.
Comment: We’re having a little flutter on the boys who make forklifts and those giant metal shelf thingies, don’t know about you.