GUGU LOURIE: Shoprite’s bold move towards retail innovation in Africa
Retailer recognises that partnerships with start-ups can help capture and grow market
11 April 2024 - 05:00
In a surprise move, Shoprite has announced that it has teamed up with four global retail giants to launch W23 Global, a new collaborative retail venture capital fund.
The VC fund, designed to accelerate innovation across the retail sector, will be led by Ingrid Maes, who heads the Australian Woolworths Group’s innovation fund, W23 Australia...
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