12-05-2025
South Africa's Recently Listed Budget Grocer Plans More Stores
Boxer 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.