Supermarket

Pick n Pay has cut 10% of its staff, eliminating approximately 3,500 jobs, the South African grocer said on Monday, as the country grapples with its first recession in eight years. Most of South Africa’s retailers have flagged lower or…

SA’s leading supermarket group aims up as recession hits lower-end consumers first As South Africa slides into recession, and households have less and less to spend, number-one supermarket group Shoprite is adopting an unlikely strategy –…