Massive shake-up for shopping malls in South Africa as Spar, Pick n Pay and Shoprite end exclusivity agreements

Over 2,000 shopping malls and retail centres in South Africa are in for a major shake-up as retail group Spar joins Pick n Pay and Shoprite in bringing an end to long-term exclusive lease agreements. Spar signed a consent agreement with the Competition Commission on Tuesday (30 August) to this effect. The consent agreement follows […]

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