TI Research Reports
TI ANALYST PERSPECTIVE ON CORPORATE RETAIL IN SA
In this mid-year update we see the escalation of existing disruptions as well as some new ones. FY2022’s combined growth across the (now six) corporate FMCG retailers (at Group level) came in at +7.5% to R568bn, as we say ‘goodbye’ to Massmart who delisted in Nov 2022.
Growth for FY2022 and into HY/FY2023 is supported by the end of liquor trading restrictions and busy retailers fighting for market share in a mature market facing higher prices and constrained shoppers
Corporate retailers are battling it out for share of the constrained shopper’s wallet while trying to manage margins as expenses rise.
This report illustrates where the pedal of retail strategy hits the metal of operational execution, based on the numbers – from financial performance to changes in store footprint. Clear, comprehensive, and comparable stats provide you with an up-to-date and at-a-glance view of how the major corporate FMCG retailers are doing against each other and the background in which they trade.