The South African retail sector plays a significant role in contributing to the well-being of the country’s economy. Such is shown by an increase in the number of shopping malls in the country – a clear response on the demand of products by consumers. The retail sector continues to grow, no doubt the economy is benefiting from this awe-inspiring development.
Pepkor, a South African based investment and holding company with business footprints in Africa, Australia, UK and Poland, makes part of retail stores that are making huge strides towards SA’s economy. The retail firm manages an assortment of retail chains whose focus is on the value market and selling of clothing, footwear and textiles.
Apart form boasting of a huge national and international presence, the firm provides employment to 3 200 South African citizens let alone business interests in more than 3 400 stores. Pepkor’s chief business subsidiaries are Pep and Ackerman in South Africa.
The economic impact made by Pepkor alone, no doubt points to the fact that the retail industry has so much to offer to the economy of this country; it is this realization that retail shops have also discovered that they need to establish themselves in different parts of the country.
Pepkor can be contacted on 0219294800.