Business Day reported that the battle for market share among South African food retailers was in full swing, with the Whitey Basson- led Shoprite saying that it had gained further traction, experiencing growth across all its retail offerings. Mr Basson added that the retailer benefited from the size of its store footprint and the efficiency of its infrastructure. For the remainder Mr Basson foresaw no material changes in market conditions although food inflation was expected to increase further.
2012-02-22 09:54:06