Pick n Pay does not believe there is a basis for the inquiry into the grocery retail sector. In its nonconfidential submission prepared by law firm Nortons to the panel overseeing the process, the retailer says there is a relatively clear difference between the formal and informal grocery retail trade. The inquiry into the sector started on November 27 2015 and is expected to be completed in May 2017. A big objective of the commission is to probe the effect of national supermarket chains on small and independent retailers in townships, peri-urban areas and rural areas, and the informal economy. In its submission, Pick n Pay said the formal retail grocery sector was differentiated by factors such as store size and formal lease agreements. In contrast, the informal sector was often characterised by relatively small stores that catered for shoppers in relatively close proximity who bought relatively limited numbers of grocery products, Pick n Pay said. "There has been growth across all...
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