International vs. Local Retailers: The real impact
The South African retail sector has received a significant shakeup since the announcement of Wal-Mart’s imminent entry into the field. Leron Varsha, CEO of Fore Good, leading brand builder and distributor in the FMCG sector, maintains that with South Africa’s level of expertise, retailers will hold their own against the global giant. “Wal-Mart’s entry has driven some South African retailers to act defensively. There’s talk of cutting down on the use of local suppliers, so that they will be able...



