GAUTENG EXPANSION
Leroy Merlin to give SA retailers a run for money
French homeware improvement retailer Leroy Merlin will be seeking to lay a foundation in SA when it officially opens its first retail store in the second quarter of 2018. The retailer, which currently operates a pop-up shop in Greenstone Edenvale, as well as an online store, is set to come in direct competition with Cashbuild and Massmart-owned Builders Warehouse. The opening of Leroy Merlin will make it the third consumer-facing French retailer to open in SA recently, after Decathlon in the sporting goods sector and bakery chain Paul, which is looking to expand in Gauteng. Almost 29 out of the 40 companies in the French stock market index have already established in SA. Leroy Merlin SA CEO Cedric Sennepin said the opening of the first store was under way. "Two other sites under construction for opening in 2019 and a fourth store beginning 2020, all in Gauteng for the moment." Workshops Explaining the decision to open in SA, he referred to the potential for home improvements and the...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.