Pick n Pay, like other grocery retailers, has rapidly expanded its liquor business since the early 2000s. Recent blows to the alcohol trade have exposed just how central alcohol has become to retailers that once saw their trolleys only filled with food.
. The end to the all-out booze ban is also good news for grocery stores, which, over the past two decades, have grown their stakes in the alcohol business.
Pick n Pay, like other grocery retailers, has rapidly expanded its liquor business since the early 2000s. Recent blows to the alcohol trade have exposed just how central alcohol has become to retailers that once saw their trolleys only filled with food, analysts say.In their pleas to the government to lift the ban, alcohol manufacturers and retailers leveraged the negative effect of looting — ignited byBoone said the arson and pillaging in mid-July dealt “a further body blow” to traders.
Pick n Pay liquor stores lost 209 trading days because of the lockdown restrictions in 2020. As a result, the retailer’s annual results show that liquor and alcohol sales were down by 31%. TOPS reported a 17.8% sales drop for the year. Sales in Shoprite’s liquor business declined by 21.8% in the second half of the year.
Woolworths has also recently entered the liquor game, launching its first standalone alcohol store in Johannesburg in May. said that once Spar got into the liquor business in about 2003, the other retailers were sure to follow. When the 2003 amendments were being considered, Pick n Pay said in its submission to parliament that the retailer’s market research indicated its customers “would like the range of liquor sold in our stores expanded from wine to include beer and spirits”.
Over the next five years, Pick n Pay grew this number to 105. In 2020, there were 501 Pick n Pay Liquor stores.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Long arm of the riots still affecting health sector - The Mail & GuardianThe tumult in KwaZulu-Natal and Gauteng has forced people to go without chronic medication and check-ups, caused shortages at the blood bank and disruptions in the vaccine roll out
Read more »
Deadly result as state forces seize ‘loot’ in Durban - The Mail & GuardianIn Madlala, the police and army broke into homes in an operation to retrieve stolen goods. After they left, a woman lay dead in a pool of her blood behind a shack
Read more »
Serame Taukobong appointed as Telkom’s chief executive designate - The Mail & GuardianThe telecommunication group’s current chief executive, Sipho Maseko, will step down at the end of June 2022
Read more »
How to apply for the Covid-19 R350 grant - The Mail & GuardianAsylum seekers with valid permits and caregivers will now also be allowed to apply for the reinstituted social relief of distress grant
Read more »
Dr Tlaleng Mofokeng: Why it’s essential to decolonise public health - The Mail & GuardianThe fact that access to quality healthcare is determined by race, gender, geography and power is proven, as is healthcare’s shameful history of exploitation of those with less power for ‘research’. The future must do better, writes drtlaleng.
Read more »
Zambia should commit to tackling toxic lead mine’s legacy - The Mail & GuardianResidents of Kabwe have been poisoned for decades and now UN experts have called for an urgent clean-up.
Read more »