GUGU LOURIE: Is Woolworths strategically ready to challenge connected retailers?
It remains to be seen whether the perceived high-end retailer, which has invested R1bn in online capabilities in SA, can compete digitally with Checkers, Shoprite and Pick n Pay
05 October 2022 - 14:41
Soweto resident Nikolas Mpangela says he does not shop at Woolworths, because he believes the JSE-listed retailer only caters to the well-to-do. I have known Mpangela long enough to consider him an acquaintance.
In a recent conversation, Mpangela reiterated his stance: “Woolies food is not for me, but let the rich people and those black middle class use their credit cards to indulge themselves.”..
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