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It also owns and runs the largest clothing factory in southern Africa, where it manufactures much of its clothing. [1] PEP's target market is the mass lower to middle income end of the market. As such, it seeks to sell low-cost clothing and is the largest single-brand retailer in South Africa. PEP is a subsidiary of Pepkor. [3]
Ackermans is a South African chain of clothing retail stores. Founded in 1916 in Wynberg, Cape Town, Ackermans has over 700 stores across Southern Africa, including in Namibia, Botswana, Lesotho, eSwatini and Zambia, [3] and is headquartered in Kuilsrivier near Cape Town.
[1] [2] Its economy is the largest in Africa, and the 34th-largest in the world. [3] In terms of purchasing power parity , South Africa has the seventh-highest per capita income in Africa. However, poverty and inequality remain widespread, with about a quarter of the population unemployed and living on less than US$1.25 a day.
PEP retail stores focus on selling clothing, footwear, textiles, homeware, and cellular products to the lower end of the market that aims to sell items at the lowest possible price in large volumes in both rural and urban areas. They are Pepkor's largest and first subsidiary, with over 1,500 stores in countries across Southern Africa. [16] [17 ...
[2] [3] Woolworths took full ownership of the Country Road in July 2014 when it purchased Lew's shareholding for $200 million. [4] [5] In 2014, Woolworths purchased an Australian department store business David Jones for A$2.1 billion. Woolworths sold David Jones to private equity firm Anchorage Capital Partners in December 2023. [6]
In 2010, it invested into PayFast, [3] a local online payment company, and 2014 into the e-commerce company uAfrica.com. [4] It merged with UAfrica, in August 2022 to form Bob Group. [5] In March 2023, UAfrica was rebranded as Bob Go and Bidorbuy as Bob Shop.
By 2024, Checkers had 293 Checkers and 38 Checkers Hyper in 3 countries. [5] Checkers: Supermarkets which are being constantly improved and aligned to healthy eating and cleaner living. Checkers Hyper: Larger format store with a wider range than the supermarkets. This includes food, household items, clothing, video games, etc.
Shoprite is a public company listed on the Johannesburg Stock Exchange and A2X Markets in South Africa, with secondary listings on both the Namibian and Lusaka stock exchanges. The Shoprite Group employs more than 160,000 people and is the largest private sector employer in South Africa.