Saturday, 30 November 2013
Business News: Woolworths buys back African franchises
Posted on 04:23 by kumar
Woolworths said on Tuesday, 5 November, that it had signed agreements to purchase its franchise businesses in Botswana‚ Namibia‚ Swaziland and Ghana.
This marks the end of franchise stores in African countries for the retailer.Woolworths‚ like other retailers‚ is expanding its footprint on the continent as urbanisation and rising affluence fuel a boom in fast-growing cities‚ with a middle
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