Choppies expands footprint in South Africa

Choppies currently has 70 stores in South Africa
Choppies currently has 70 stores in South Africa

Retail giant, Choppies is looking to expand its presence in the South African market despite the company registering slower profit growth due to its aggressive expansion drive in the region.

 Choppies currently has about 70 stores in South Africa, where the company has been making losses due to the slump in mining towns.

In a statement, Choppies said it has entered into negotiations with a third party in Africa’s economic powerhouse for acquisitions of a limited number of retail outlets.

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