5 days ago
Toyota group unit eyes Africa's Gen Z shoppers with drugstore deal
Retail
Buyout of Goodlife Pharmacy gives access to growing middle class
Goodlife Pharmacy, based in Kenya, operates 150 stores and offers Toyota Tsusho a chance to reach consumers directly. (Photo by Franck Dunouau)
KYOHEI SUGA
NAGOYA, Japan -- Toyota Tsusho, the Japanese automaker's trading arm, is making inroads into the African consumer market by buying the largest drugstore chain in East Africa.
