#Latest news with #budgetgroceryBloomberg12-05-2025BusinessBloombergSouth Africa's Recently Listed Budget Grocer Plans More StoresBoxer Retail Ltd. plans to increase its store rollout in the next three months as South Africa's most recently listed budget-grocery chain makes the most of a new distribution center and a market that's starved for growth. The retailer will soon open a new distribution center in the country's eastern province of KwaZulu-Natal. This will fuel capacity for at least 200 new stores in the next five years, Chief Executive Officer Marek Masojada said Monday.
Bloomberg12-05-2025BusinessBloombergSouth Africa's Recently Listed Budget Grocer Plans More StoresBoxer Retail Ltd. plans to increase its store rollout in the next three months as South Africa's most recently listed budget-grocery chain makes the most of a new distribution center and a market that's starved for growth. The retailer will soon open a new distribution center in the country's eastern province of KwaZulu-Natal. This will fuel capacity for at least 200 new stores in the next five years, Chief Executive Officer Marek Masojada said Monday.