Pick n Pay to allow smaller players

File: Pick n Pay.

File: Retailer Pick 'n Pay. (eNCA)

eNCA

JOHANNESBURG - The marketplace is opening up for privately owned black supermarkets.

They can now rent space in shopping centres where Pick n Pay had exclusive letting agreements.

READ: Pick n Pay profits hit by booze ban

The Competition Tribunal said on Monday Pick n Pay now has 30 days to submit a copy of the consent agreement to all landlords of its retail stores across SA.

Butcheries, bakeries, and liquor stores, among others, can now lease space in centres where Pick n Pay had exclusivity provisions in its long-term lease agreement.

Shoprite has made a similar concession.

Source
eNCA

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