Shoprite to open string of Uniq clothing stores
The apparel market is expected to grow by an average of 2% over the next five years, but analysts believe there is room for more players
Shoprite is aiming to launch about 20 standalone clothing stores in the next three to five years as it rushes to capture market share in this highly competitive sector.
Six months ago, the food retailer opened Uniq, its new clothing business, presenting another expansion opportunity to increase its reach and profitability. The Uniq range consists of premium basics including womenswear, menswear and kiddies' clothing. ..
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