Global e-commerce giants shake up SA’s retail sector
Market has yet to coalesce around dominant digital front-runners, Boston Consulting Group report reads
03 December 2024 - 05:00
SA’s retail sector is facing disruptions as global e-commerce giants Shein, Temu and Amazon make their presence felt in the market, reads a report by the Boston Consulting Group (BCG), “Foreign E-Tailers Are Here! Is SA E-Commerce Ready?”
The report reads that the entry of these global players is intensifying competition and transforming consumer expectations. It urges local retailers to strategise and invest in e-commerce to maintain relevance...
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