VENTURES: Pick n Pay Launches 4th Store In Zambia
Recent Western Cape Business News
Cape Town - Pick n Pay recently launched its fourth Zambian store. Pick n Pay opened its first store in Lusaka in July 2010; its second store in Ndola in March 2011; and the third in Levy in November 2011. The fourth store, which will be situated in Makeni, is one of five planned for the country over the next four years.
“The opening of the fourth Zambian store re-establishes Pick n Pay’s commitment to our investment in southern Africa. As the region experiences ever increasing socio-economic development Pick n Pay is poised to cultivate and improve our already existing partnerships with local communities, suppliers and government agencies,” said Pick n Pay Head of Group Enterprises Dallas Langman.
The 5000m² store, the largest so far of the Zambian Pick n Pays, will sell a multitude of popular lines ranging from fresh produce, clothing, home-ware and liquor. Langman said that one of the main benefits to the local economy would be through employment, and that the Makeni store would employ 150 local residents. In addition, at least 65% of stock in the Makeni store is locally sourced while 70% of fresh produce is provided by Zambian suppliers.
“Finding local suppliers and entrepreneurs requires determination and effort, but it is integral to our model. It is our intention to ensure that local farmers and suppliers are supported as much as possible in order to stimulate further economic growth in Zambia. Pick n Pay has a total of 230 local suppliers in Zambia, which include agencies which supply imported products to our stores. We have a total of 10,100 grocery lines listed in its Zambian stores, of which 6,700 products are derived from local suppliers. The range includes canned vegetable products, coffee, legumes, an organic range of sauces as well as processed meats,” said Langman.
“It has been very satisfying to be able to source much of our produce from local suppliers, particularly small-scale farmers who have proved themselves more than capable of providing foodstuffs at a price and of a quality demanded by Pick n Pay’s customers.”
The opening of the fourth Zambian store follows the launch of the group’s entry into Mauritius two months ago. Pick n Pay also conducts retail operations in Namibia, Botswana, Zimbabwe, Lesotho and Mozambique. “We are set to continue along this expansion path in a planned and deliberate way,” Langman added.
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